Sichenzia Ross Ference Carmel LLP Represents Craft Capital Management in $7 Million Registered Direct Offering of Erayak Power Solution Group

Press Release – New York, NY – August 4, 2025 – Sichenzia Ross Ference Carmel LLP announced that it represented Craft Capital Management as the sole placement agent for the recently priced $7 million registered direct offering of Erayak Power Solution Group Inc. (Nasdaq: RAYA), a leading manufacturer, designer and exporter of high-quality products in the power supply industry.

The Craft Capital Management team was led by Stephen Kiront, Mackey McFarlane and CJ Hiller.

The SRFC team was led by partners Ross Carmel and Matthew Siracusa, with associate Soumya Cheedi.