Recent Updates — RAY
June 29, 2026View Source ↗
Raytech Holding Limited closed a registered direct offering of 3,149,832 ordinary shares at $1.97 per share, generating approximately $6.2 million in gross proceeds. The offering included participation from affiliated investors Fortune Genesis Holdings Limited and WK Frater Holdings Limited, who purchased 999,014 shares each under a lock-up agreement through September 20, 2026. Net proceeds are intended for general corporate purposes, strategic expansion into personal health care electronics, and integration costs for the acquisition of Worry free Group (Hong Kong) Limited. Raytech Holding Limited is a company in the consumer electronics industry that manufactures and sells various electronic products.