Raytech prices $5.2M public offering; shares down

Raytech Holding Limited (NASDAQ:RAY) priced its public offering of 25.99M ordinary shares at $0.20 per ordinary share on June 30, 2025.

Gross proceeds are expected to be ~$5.2M.

The offering is expected to close on July 1, 2025. 

RAY shares fall 10.3% premarket on Tuesday. 

Source: Press release