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Raytech Holding Limited Announces 16 for 1 Share Consolidation
Globenewswire· 2025-10-30 02:20
Core Viewpoint - Raytech Holding Limited has announced a 16-for-1 share consolidation to comply with Nasdaq's minimum bid price requirement, effective November 7, 2025 [1][2]. Group 1: Share Consolidation Details - The share consolidation will convert every 16 ordinary shares into one ordinary share, affecting all shareholders uniformly without altering their percentage ownership, except for minor changes due to fractional shares [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [4]. - The authorized share capital will decrease from 8 billion ordinary shares to 500 million ordinary shares, and the total issued and outstanding shares will reduce from approximately 43.6 million to about 2.7 million [5]. Group 2: Company Overview - Raytech Holding Limited is based in Hong Kong and specializes in the design, sourcing, and wholesale of personal care electrical appliances for international brand owners, with over 10 years of industry experience [6].
Raytech Holding Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-10-22 22:00
Core Points - Raytech Holding Limited has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share for continued listing [1][2] - The company has been granted a compliance period of 180 calendar days, until April 13, 2026, to regain compliance with Nasdaq's listing requirements [2] - If compliance is not achieved within this period, the company may be eligible for an additional 180 days under certain conditions, including the possibility of a reverse stock split [2][3] - The company is actively evaluating options to regain compliance and intends to make reasonable efforts to meet Nasdaq's requirements [3] Company Overview - Raytech Holding Limited is based in Hong Kong and specializes in the design, sourcing, and wholesale of personal care electrical appliances for international brand owners [4] - The company has over 10 years of experience in the personal care electrical appliance industry, offering a diverse range of products including hair styling tools, trimmers, eyelash curlers, and other body and facial care appliances [4]
X @Easy
Easy· 2025-10-06 18:00
Market Interest - The industry shows interest in prediction market tools and products beyond just creating new markets [1] - Data products are favored within the prediction market space [1] - There's openness to testing prediction market terminals if they are in production [1] Specific Platforms - Polysights is recognized as a notable platform in the prediction market [1] - pmx_trade's offerings are considered interesting [1]
Raytech Holding Limited Announces Pricing of $5.197 Million Public Offering of its Ordinary Shares
GlobeNewswire News Room· 2025-07-01 12:30
Core Viewpoint - Raytech Holding Limited has announced a public offering of 25,985,000 ordinary shares priced at $0.20 per share, aiming to raise approximately $5.197 million before expenses [1][2]. Company Overview - Raytech Holding Limited is a Hong Kong-based company with over 10 years of experience in the personal care electrical appliance industry, specializing in design, sourcing, and wholesale for international brand owners [5]. - The company offers a diverse range of personal care electrical appliances, including hair styling tools, trimmers, eyelash curlers, neck care, and nail care products [5]. Offering Details - The public offering is expected to close on July 1, 2025, subject to customary closing conditions [2]. - R.F. Lafferty & Co., Inc. is acting as the sole placement agent for the offering, while Loeb & Loeb LLP and Zarif Law Group P.C. are providing legal counsel [2][3]. - The offering is conducted under a registration statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on June 30, 2025 [3].