{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-26-001314","form_type":"8-K","ticker":"SMXT","cik":"0001519472","company_name":"SolarMax Technology, Inc.","filed_at":"2026-08-11T12:47:04+00:00","discovered_at":"2026-08-11T12:50:00.407367+00:00","generated_at":"2026-08-11T12:50:11.862390+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"regulatory","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SolarMax announces 1-for-12 reverse split effective Aug 13 to meet Nasdaq bid price rule","bullets":["Reverse split 1-for-12 effective 12:01 a.m. ET Aug 13, 2026; new CUSIP 83419H202.","Authorized shares cut from 297,225,000 to 24,768,750; outstanding shares fall from 56,906,572 to ~4,742,215.","Company received Nasdaq bid price deficiency notice on Mar 3, 2026; compliance period expires Aug 31, 2026.","Also received Nasdaq notice Jun 22, 2026 for market value of listed securities below $35M; period expires Dec 21, 2026.","Reverse split does not address market value requirement; cash paid for fractional shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-26-001314","json":"https://secwatch.observer/filing/0001640334-26-001314.json","markdown":"https://secwatch.observer/filing/0001640334-26-001314.md","text":"https://secwatch.observer/filing/0001640334-26-001314.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519472/000164033426001314/0001640334-26-001314-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519472/000164033426001314/solarmax_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-11T12:50:11.862390+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}