SolarMax Technology, Inc. received a notice from The Nasdaq Stock Market on August 20, 2026, indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to file its Form 10-Q for the quarter ended June 30, 2026. The company has until October 19, 2026, to submit a compliance plan, with a potential extension granting up to 180 days from the filing's due date, expiring on February 16, 2027. This follows previous notices regarding minimum bid price and market value non-compliance, which prompted a one-for-12 reverse stock split on August 13, 2026. SolarMax Technology operates in the solar and renewable energy sector, providing integrated solar development, EPC services for industrial projects, and residential solutions.

SolarMax Technology, Inc. announced a one-for-twelve reverse stock split of its common stock to regain compliance with Nasdaq’s minimum bid price requirement. The split becomes effective on August 13, 2026, reducing outstanding shares from approximately 56.9 million to roughly 4.7 million and authorized shares from 297,225,000 to 24,768,750. Fractional shares will be paid out in cash based on the closing market price on the effective date. The company also faces a separate Nasdaq notice regarding a minimum market value of listed securities requirement, with a compliance deadline of December 21, 2026. SolarMax Technology operates in the solar and renewable energy sector, providing commercial EPC services and residential solar solutions.

SolarMax Technology, Inc. announced a one-for-twelve reverse stock split of its common stock and reduced authorized shares from 297,225,000 to 24,768,750. The company filed a certificate of change with the Nevada Secretary of State on August 4, 2026. The transaction becomes effective at 12:01 AM Eastern Time on August 13, 2026. Fractional shares will be cashed out based on the closing price on the effective date. Outstanding warrants and options are adjusted accordingly. SolarMax Technology operates in the solar energy technology sector.

On July 26, 2026, SolarMax Technology, Inc.'s board of directors approved a one-for-12 reverse stock split of its common stock. The company simultaneously reduced the number of authorized shares of common stock from 29,725,000 to 24,768,750. Under Nevada law, this action was authorized without stockholder approval because the authorized share count was reduced in the same ratio as the reverse split. The company will pay cash in lieu of fractional shares based on the closing price of the common stock on the effective date of the reverse split. SolarMax Technology, Inc. operates in the solar energy technology industry, developing and manufacturing solar power solutions.

SolarMax Technology, Inc. received a notice from The Nasdaq Stock Market that it failed to meet the minimum market value of listed securities requirement of $35 million. The company has a 180-day compliance period ending December 21, 2026, to regain compliance. This notice follows a previously announced failure to maintain a minimum bid price of $1.00 per share. SolarMax Technology, Inc. provides solar energy solutions and technology services.