Hong Kong, Oct. 29, 2025 – Raytech Holding Limited (NASDAQ: RAY) (the “Company”), a Hong Kong-based firm specializing in the design, sourcing, and wholesale of personal care electrical appliances for global brand owners, announced today that its board of directors approved a 16-for-1 share consolidation on October 17, 2025. This Share Consolidation will affect the Company’s authorized, issued, and outstanding shares, with a marketplace effective date of November 7, 2025.
The primary goal of this share consolidation is to help the Company meet Nasdaq Marketplace Rule 5550(a)(2), which sets the minimum bid price requirement, and to maintain its listing on the Nasdaq Capital Market.
From the start of trading on November 7, 2025, the Company’s ordinary shares will trade on the Nasdaq Capital Market on a post-consolidation basis. They will continue to use the symbol “RAY” but will be assigned a new CUSIP number, G7385S119.
Following the Share Consolidation, every 16 outstanding ordinary shares will automatically combine and convert into one issued and outstanding ordinary share. This Share Consolidation will apply equally to all shareholders and will not alter any shareholder’s percentage ownership in the Company, aside from minor adjustments arising from the handling of fractional shares. Shareholders holding their shares through a brokerage account are not required to take any action.
No fractional shares will be issued to any shareholders in connection with the share consolidation. Instead, each shareholder will receive one full share of the Company for any fractional share that would have resulted from the consolidation.
Upon the effectiveness of the share consolidation, the Company’s authorized share capital will be adjusted from 8,000,000,000 ordinary shares, each with a par value of US$0.00000625, to 500,000,000 ordinary shares, each with a par value of US$0.0001. Similarly, the Company’s total issued and outstanding ordinary shares will change from 43,598,083 ordinary shares, each with a par value of US$0.00000625, to approximately 2,724,880 ordinary shares, each with a par value of US$0.0001.
About Raytech Holding Limited
Raytech Holding Limited is a Hong Kong-based company with more than a decade of experience in the personal care electrical appliance sector. Through its Hong Kong operating subsidiary, the company procures and distributes a wide variety of personal care electrical appliances, including items for hair styling, tooling, trimming, eyelash curling, neck care, nail care, and other body and facial care appliances, for international brand owners. It offers integrated product design, production processing, and manufacturing solutions. For further details, please visit:
Forward-Looking Statements
This press release includes “forward-looking statements.” Such statements reflect our current expectations regarding future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s present expectations and forecasts about future occurrences that the Company believes may impact its financial condition, operational results, business strategy, and financial requirements. Investors can identify these forward-looking statements by terms or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as mandated by law. While the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct. The Company advises investors that actual results may differ substantially from anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
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International Elite Capital Inc.
Annabelle Zhang
Email: management@iecapitalusa.com
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