SolarMax Technology Received Notice of Noncompliance

SolarMax Technology Received Notice of Noncompliance

On August 20, 2026, the company received notice from Nasdaq that it is not in compliance with Listing Rule 5250(c)(1) for failing to file its Form 10-Q for the quarter ended June 30, 2026; it has 60 days (until October 19, 2026) to submit a compliance plan, and if accepted, may receive up to 180 days from the due date (to February 16, 2027) to regain compliance. The company also previously received notices for minimum bid price and market value of listed securities deficiencies, with deadlines of August 31, 2026 and December 21, 2026, respectively; it effected a 1-for-12 reverse split on August 13, 2026.

Original SEC Filing: SolarMax Technology, Inc. [ SMXT ] - 8-K - Aug. 21, 2026