---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-24-001838"
form_type: "8-K"
ticker: "SMXT"
cik: "0001519472"
company_name: "SolarMax Technology, Inc."
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:14:16.428977+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SolarMax regains Nasdaq bid-price compliance but still below $50M market value

## Summary
- On Dec 4, 2024, Nasdaq confirmed SolarMax regained compliance with minimum bid price rule after 10 consecutive days above $1.00.
- The company remains non-compliant with Nasdaq's $50M minimum market value of listed securities requirement.
- No assurance of maintaining bid-price compliance in the future; market value deficiency still unresolved.
- Failure to regain market value compliance could lead to delisting from Nasdaq.

## SEC filing metadata
- accession: 0001640334-24-001838
- form_type: 8-K
- ticker: SMXT
- cik: 0001519472
- company_name: SolarMax Technology, Inc.
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519472/000164033424001838/0001640334-24-001838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519472/000164033424001838/solarmax_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-24-001838
- JSON: https://secwatch.observer/filing/0001640334-24-001838.json
- Plain text: https://secwatch.observer/filing/0001640334-24-001838.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.