/Companies

SolarMax Technology

NASDAQ: SMXT

Riverside, US · Nevada corporation

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SolarMax Technology is a solar EPC (engineering, procurement, and construction) company that develops large-scale solar infrastructure projects, manufactures solar panels locally, and installs solar systems for residential and business customers to lower energy costs and carbon emissions. Founded in 2008, it operates nationally in the United States and is listed on the NASDAQ.

Founders & leadership

DH
David HsuFounder
DB
Dee BalchExecutive
SY
Simon YuanExecutive
SB
Stephen BrownChief financial officer
CL
Ching LiuNamed on SEC filing

Board

WY
Wei Yuan ChenBoard director
JL
Jinxi LinBoard director
EC
Edwin ChanBoard director
CT
ChungJen TsaiBoard director

Reported raises · per SEC filings

Form D private placements

$19.5M disclosed across 1 round · 2016

▶$19.5MraisedDec 2016 · 10 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Ching LiuExecutive Officer, Director
  • David HsuExecutive Officer, Director
  • Wei Yuan ChenDirector
  • Dee BalchExecutive Officer
  • Jinxi LinDirector
  • Edwin ChanDirector
  • ChungJen TsaiDirector
  • Simon YuanExecutive Officer, Director
Offering amount
$19.5M
Amount sold
$19.5M
Minimum investment
$50K
First sale
Oct 2016
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$178Mvaluation at IPOFeb 2024 · $4.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

In the news

Frequently asked questions

What does SolarMax Technology do?
SolarMax Technology is a solar EPC (engineering, procurement, and construction) company that develops large-scale solar infrastructure projects, manufactures solar panels locally, and installs solar systems for residential and business customers to lower energy costs and carbon emissions. Founded in 2008, it operates nationally in the United States and is listed on the NASDAQ.
Who founded SolarMax Technology?
SolarMax Technology was founded by David Hsu.
How much funding has SolarMax Technology raised?
SolarMax Technology has disclosed $19.5M raised across 1 round.
Where is SolarMax Technology headquartered?
SolarMax Technology is headquartered in Riverside, US.