---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-25-001981"
form_type: "8-K"
ticker: "SMXT"
cik: "0001519472"
company_name: "SolarMax Technology, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:15:45.383614+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SolarMax issues 5.7M shares at $0.74-$0.83 each, raising $4.38M for working capital

## Summary
- Issued 5,712,402 shares to five investors at 75% of market price ($0.74-$0.83/share).
- Gross proceeds of $4,380,000; funds used for working capital.
- Transactions occurred in June and July 2025; board approval triggered 5% threshold on July 31, 2025.
- No broker involved; issuance exempt under Section 4(a)(2) of Securities Act.

## SEC filing metadata
- accession: 0001640334-25-001981
- form_type: 8-K
- ticker: SMXT
- cik: 0001519472
- company_name: SolarMax Technology, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519472/000164033425001981/0001640334-25-001981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519472/000164033425001981/solarmax_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-25-001981
- JSON: https://secwatch.observer/filing/0001640334-25-001981.json
- Plain text: https://secwatch.observer/filing/0001640334-25-001981.txt

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