{"filing":{"accession_number":"0001640334-26-001243","cik":"0001519472","ticker":"SMXT","company_name":"SolarMax Technology, Inc.","form":"8-K","filing_date":"2026-07-28","report_date":"2026-07-26","primary_document":"solarmax_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1519472/000164033426001243/solarmax_8k.htm"},"events":[{"id":20938,"run_id":18859,"accession_number":"0001640334-26-001243","anchor_item_number":"5.03","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"summary":"The board approved a one-for-12 reverse stock split and a reduction in authorized shares from 297,225,000 to 24,768,750 shares, representing a material modification to the capital structure and rights of security holders.","company_name":"SolarMax Technology, Inc.","ticker":"SMXT","filing_date":"2026-07-28","form":"8-K","submitted_at":null,"items":[{"id":20447,"accession_number":"0001640334-26-001243","item_number":"3.03","item_title":"Material Modification to Rights of Security Holders.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"Item 3.03 discloses a material modification to the rights of security holders. While the specific content of the modification is not provided in the query, modifications to security holder rights (such as changes to voting rights, conversion terms, or dividend preferences) are governance matters that affect investor interests and typically qualify as material. This is classified as governance_other because the specific nature of the modification is not detailed, but the domain is clearly governance-related.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T12:31:38.885884+00:00","company_name":"","ticker":null,"filing_date":""},{"id":20448,"accession_number":"0001640334-26-001243","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The disclosure describes a board-approved one-for-12 reverse stock split and reduction in authorized shares from 297,225,000 to 24,768,750 shares. While this is a governance/capital structure matter disclosed under Item 5.03, it does not fit the specific categories of exec_departure, exec_appointment, or exec_compensation. The reverse split is material to investors as it affects share structure and is often a signal of financial distress or delisting risk mitigation, though the filing does not explicitly state the underlying reason. Classified as governance_other because the event is clearly governance-related but represents a capital structure amendment rather than a named governance type.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T12:31:38.885884+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":20447,"accession_number":"0001640334-26-001243","item_number":"3.03","item_title":"Material Modification to Rights of Security Holders.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"Item 3.03 discloses a material modification to the rights of security holders. While the specific content of the modification is not provided in the query, modifications to security holder rights (such as changes to voting rights, conversion terms, or dividend preferences) are governance matters that affect investor interests and typically qualify as material. This is classified as governance_other because the specific nature of the modification is not detailed, but the domain is clearly governance-related.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T12:31:38.885884+00:00","company_name":"SolarMax Technology, Inc.","ticker":"SMXT","filing_date":"2026-07-28"},{"id":20448,"accession_number":"0001640334-26-001243","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The disclosure describes a board-approved one-for-12 reverse stock split and reduction in authorized shares from 297,225,000 to 24,768,750 shares. While this is a governance/capital structure matter disclosed under Item 5.03, it does not fit the specific categories of exec_departure, exec_appointment, or exec_compensation. The reverse split is material to investors as it affects share structure and is often a signal of financial distress or delisting risk mitigation, though the filing does not explicitly state the underlying reason. Classified as governance_other because the event is clearly governance-related but represents a capital structure amendment rather than a named governance type.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-28T12:31:38.885884+00:00","company_name":"SolarMax Technology, Inc.","ticker":"SMXT","filing_date":"2026-07-28"}]}
