SolarMax Technology announces 1-for-12 reverse stock split effective August 13, 2026

SolarMax Technology, Inc.

Authorized shares reduced from 297,225,000 to 24,768,750; par value remains $0.001.
Each issued share converted to 1/12 share; cash paid for fractional shares based on closing price on effective date.
Exercise/conversion prices of warrants, options, and convertible securities adjusted proportionally.
Trading symbol SMXT unchanged; reverse split effective 12:01 AM ET on August 13, 2026.

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