# EDGAR Filing Document

**Accession Number:** 0001519472
**File Stem:** 0000000000-23-000308
**Filing Date:** 2023-1
**Character Count:** 6877
**Document Hash:** 78281e0a1db95894ebd4e7f5702dc747
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000308.hdr.sgml**: 20240313

**ACCESSION NUMBER**: 0000000000-23-000308

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230112

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SolarMax Technology, Inc.
- **CENTRAL INDEX KEY:** 0001519472
- **STANDARD INDUSTRIAL CLASSIFICATION:** CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **IRS NUMBER:** 262028786
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-06189

**BUSINESS ADDRESS:**
- **STREET 1:** 3080 12TH STREET
- **CITY:** RIVERSIDE
- **STATE:** CA
- **ZIP:** 92507
- **BUSINESS PHONE:** (951) 300-0788

**MAIL ADDRESS:**
- **STREET 1:** 3080 12TH STREET
- **CITY:** RIVERSIDE
- **STATE:** CA
- **ZIP:** 92507
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001640334-22-001007

## Text-Extract

```

United States securities and exchange commission logo

                              January 12, 2023

       David Hsu
       Chief Executive Officer
       SolarMax Technology, Inc.
       3080 12th Street
       Riverside, CA 92507

                                                        Re: SolarMax
Technology, Inc.
                                                            Amendment No. 3 to
Registration Statement on Form S-1
                                                            Filed December 23,
2022
                                                            File No. 333-266206

       Dear David Hsu:

               We have reviewed your amended registration statement and have
the following comment.
       Please respond to this letter by amending your registration statement
and providing the requested
       information. If you do not believe our comment applies to your facts and
circumstances or do
       not believe an amendment is appropriate, please tell us why in your
response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to the comment, we may have additional comments.

       Amendment No. 3 to registration statement on Form S-1

       Risk Factors, page 16

   1.                                                   We note recent
instances of extreme stock price run-ups followed by rapid price declines
                                                        and stock price
volatility seemingly unrelated to company performance following a
                                                        number of recent
initial public offerings, particularly among companies with relatively
                                                        smaller public floats.
Revise to include a risk factor, separate from the more general risk
                                                        factor beginning on
page 56, addressing the potential for rapid and substantial price
                                                        volatility and any
known factors particular to your offering that may add to this risk and
                                                        discuss the risks to
investors when investing in stock where the price is changing rapidly.
                                                        Clearly state that such
volatility, including any stock-run up, may be unrelated to your
                                                        actual or expected
operating performance and financial condition or prospects, making it
                                                        difficult for
prospective investors to assess the rapidly changing value of your stock.
 David Hsu
FirstName  LastNameDavid
SolarMax Technology, Inc. Hsu
Comapany
January 12,NameSolarMax
            2023          Technology, Inc.
January
Page 2 12, 2023 Page 2
FirstName LastName
        You may contact Ameen Hamady at (202) 5551-3891 or Jennifer Monick at
(202) 551-
3295 if you have questions regarding comments on the financial statements and
related
matters. Please contact Ron Alper at (202) 551-3329 or Pamela Long at (202)
551-3765 with
any other questions.

                                                        Sincerely,

                                                        Division of Corporation
Finance
                                                        Office of Real Estate &
Construction
cc:      Asher Levitsky

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 12, 2023

David Hsu  
Chief Executive Officer  
SolarMax Technology, Inc.  
3080 12th Street  
Riverside, CA 92507

**Re: SolarMax Technology, Inc.**  
**Amendment No. 3 to Registration Statement on Form S-1**  
**Filed December 23, 2022**  
**File No. 333-266206**

Dear David Hsu:

We have reviewed your amended registration statement and have the following comment. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to the comment, we may have additional comments.

# Amendment No. 3 to registration statement on Form S-1

# Risk Factors, page 16

1. We note recent instances of extreme stock price run-ups followed by rapid price declines and stock price volatility seemingly unrelated to company performance following a number of recent initial public offerings, particularly among companies with relatively smaller public floats. Revise to include a risk factor, separate from the more general risk factor beginning on page 56, addressing the potential for rapid and substantial price volatility and any known factors particular to your offering that may add to this risk and discuss the risks to investors when investing in stock where the price is changing rapidly. Clearly state that such volatility, including any stock-run up, may be unrelated to your actual or expected operating performance and financial condition or prospects, making it difficult for prospective investors to assess the rapidly changing value of your stock.

David Hsu
SolarMax Technology, Inc.
January 12, 2023
Page 2

You may contact Ameen Hamady at (202) 5551-3891 or Jennifer Monick at (202) 551-3295 if you have questions regarding comments on the financial statements and related matters. Please contact Ron Alper at (202) 551-3329 or Pamela Long at (202) 551-3765 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Real Estate & Construction

cc: Asher Levitsky