# SolarMax Technology, Inc. (SMXT) — delisting [announced]
Source: SEC API (secapi.ai) · situation sit_acaba382a007bda4ea8b · retrieved 2026-08-14T01:24:24.158Z

## Overview
SolarMax Technology, Inc. is an integrated solar energy company based in California, focused on making sustainable energy accessible and affordable, with operations in residential solar, commercial solar development services, and industrial EPC projects.

SolarMax Technology, Inc. announced a 1-for-12 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on August 13, 2026. The company simultaneously reduced its authorized common stock from 297,225,000 shares to 24,768,750 shares. As a result of the reverse split, outstanding shares are reduced from 56,906,572 to approximately 4,742,215 shares. The reverse split is intended to support the company's effort to regain compliance with Nasdaq's minimum bid price requirement of $1 per share, with a compliance deadline of August 31, 2026.

## Key dates
- Announced 2026-08-11

## Timeline
- 2026-08-11 · 8-K (0001640334-26-001314): 8-K - SolarMax Technology, Inc. — *SolarMax Technology, Inc. is an integrated solar energy company based in California, focused on making sustainable energy accessible and affordable, with operations in residential solar, commercial solar development services, and industrial EPC projects.* SolarMax Technology, Inc. announced a 1-for-12 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on August 13, 2026. The company simultaneously reduced its authorized common stock from 297,225,000 shares to 24,768,750 shares. As a result of the reverse split, outstanding shares are reduced from 56,906,572 to approximately 4,742,215 shares. The reverse split is intended to support the company's effort to regain compliance with Nasdaq's minimum bid price requirement of $1 per share, with a compliance deadline of August 31, 2026.
  https://www.sec.gov/Archives/edgar/data/1519472/0001640334-26-001314.txt

## Citations
- 0001640334-26-001314 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000164033426001314