SolarMax risks Nasdaq delisting after falling below $35 million market value threshold

SolarMax Technology, Inc.

SolarMax Technology, Inc.

SMXT

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  • SolarMax received a Nasdaq notice on June 22, 2026 for failing to meet the $35 million minimum market value of listed securities under Rule 5550(b)(2).
  • The company has 180 days to regain compliance, with the deadline set for Dec. 21, 2026.
  • Nasdaq requires market value of listed securities of at least $35 million for 10 consecutive business days to cure the deficiency.
  • Failure to regain compliance by the deadline could trigger a delisting notice.
  • The market-value deficiency adds to a previously disclosed Nasdaq notice for failing to maintain a $1 minimum bid price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SolarMax Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001640334-26-001139), on June 30, 2026, and is solely responsible for the information contained therein.

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