secwatch.observer — SEC 8-K summary
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Issuer:     SolarMax Technology, Inc. (SMXT)
CIK:        0001519472
Form:       8-K
Filed at:   2026-07-28T12:30:18+00:00
Accession:  0001640334-26-001243
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SolarMax Technology announces 1-for-12 reverse stock split and authorized share reduction
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- Board approved a 1-for-12 reverse split of common stock on July 26, 2026.
- Authorized shares reduced from 297,225,000 to 24,768,750 in same ratio.
- Cash paid for fractional shares based on closing price on effective date.
- No stockholder approval required under Nevada law for the reverse split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519472/000164033426001243/0001640334-26-001243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519472/000164033426001243/solarmax_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-26-001243

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