Research analysts covering Raytech Holding.
Recent press releases and 8-K filings for RAY.
Raytech Holding Limited Announces Acquisition of Worry Free Group (HK) Limited
RAY
M&A
New Projects/Investments
- Raytech Holding Limited's wholly-owned subsidiary, Raytech Innovation Limited, entered into an agreement on December 23, 2025, to acquire 100% of the issued share capital of Worry Free Group (HK) Limited.
- The total consideration for the acquisition is US$6,099,000.
- This consideration comprises a US$4,099,000 cash payment at completion and a US$2,000,000 promissory note.
- The promissory note will bear interest at a rate of 2% per annum and will mature on the second anniversary of its issuance date.
- Completion of the transaction is subject to customary closing conditions, including a valuation report for Worry Free Group (HK) Limited being not less than US$6,000,000.
Dec 29, 2025, 12:33 PM
Raytech Holding Limited Announces 16-for-1 Share Consolidation
RAY
Delisting/Listing Issues
Accounting Changes
- Raytech Holding Limited's board approved a 16-for-1 share consolidation on October 17, 2025, with an effective date of November 7, 2025.
- The primary objective of this consolidation is to regain compliance with Nasdaq's minimum bid price requirement and maintain the company's listing on the Nasdaq Capital Market.
- Following the consolidation, the authorized share capital will change from 8,000,000,000 ordinary shares with a par value of US$0.00000625 each to 500,000,000 ordinary shares with a par value of US$0.0001 each.
- The company's ordinary shares will continue to trade under the symbol "RAY" but will use a new CUSIP number, G7385S119, effective on the consolidation date.
Oct 29, 2025, 8:00 PM
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