{"filings":[{"id":1417397,"accession_number":"0001493152-26-031964","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-07-02T21:15:31+00:00","items":["1.02"],"status":"ready","headline":"22nd Century Group receives termination notice from Smoker Friendly; will cease manufacturing after 180 days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Received 180-day termination notice from Smoker Friendly International, LLC for Master Services Agreement dated Jan 1, 2025.","After 180-day period, company will no longer manufacture cigarette and cigar products for Smoker Friendly.","Termination is for convenience; no early termination penalties incurred.","The agreement was material; loss of this customer may impact revenue, though not quantified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":997436,"accession_number":"0001493152-26-028267","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-06-11T19:03:21+00:00","items":["5.07"],"status":"ready","headline":"22nd Century Group shareholders elect Lucille Salhany, approve comp, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Lucille Salhany as Class III director with 1,163,869 for, 34,794 withheld; no broker non-votes.","Advisory approval of 2025 exec compensation: 1,160,325 for, 37,053 against, 1,285 abstain.","Ratified WithumSmith+Brown as auditor for 2026: 1,191,342 for, 7,051 against, 270 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":929476,"accession_number":"0001493152-26-027870","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K/A","filed_at":"2026-06-09T13:28:00+00:00","items":["1.01","3.02","3.03","5.03","9.01"],"status":"ready","headline":"22nd Century Group files 1-for-20 reverse stock split, raises ~$463K in warrant inducement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["1-for-20 reverse stock split effective June 12, 2026 to regain NASDAQ compliance; outstanding shares to fall from ~10.3M to ~516k.","Warrant inducement: holders exercised Existing Warrants ($3.57 strike) at reduced price $0.4626, receiving new Inducement Warrants ($3.57 strike).","Gross cash proceeds of ~$462,800; $2.01M of Series B Preferred Stock redeemed via the inducement.","8-K/A corrects prior filing: Inducement Warrant exercise price was $3.57, not $0.4626 as originally stated.","Stockholder approval required for reverse split under Nevada law; no reduction in authorized shares (500M)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":927399,"accession_number":"0001493152-26-027838","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-06-09T11:00:24+00:00","items":["1.01","3.02","3.03","5.03","9.01"],"status":"ready","headline":"22nd Century Group Announces Warrant Inducement and 1-for-20 Reverse Stock Split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Commenced warrant inducement offering with holders of existing warrants for up to 5,345,591 shares.","Issued inducement warrants at exercise price $0.4626 per share, 100% of shares exercised.","Received ~$462,800 in gross cash proceeds and redeemed 2,010 shares of Series B Preferred Stock for $2,010,000.","Effected a 1-for-20 reverse stock split of common stock to meet Nasdaq continued listing standard, effective June 12, 2026.","Dawson James Securities acted as exclusive placement agent with a 6% cash fee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92364,"accession_number":"0001493152-26-021582","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Q1 2026: net rev $4.1M (-31% YoY); zero debt; VLN now in 2,000+ stores","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $4.1M, down 31.1% YoY from $5.96M; net loss from continuing ops $3.0M improved from $3.3M.","Cash and equivalents $9.5M; zero long-term debt after extinguishing senior secured debt in 2025.","VLN products in over 2,000 stores across 20 states; targeting 5,000 retail outlets by end of 2026.","Adjusted EBITDA loss $2.6M vs $2.3M YoY; operating loss $3.0M vs $2.6M.","Advanced PMTA submissions for 100mm format VLN and filtered cigars to expand product portfolio."],"consensus_eps_estimate":null,"consensus_eps_actual":-18.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":4105000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92363,"accession_number":"0001493152-26-020929","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"22nd Century Group registers $6.4M common stock ATM offering with Needham & Co.","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed prospectus supplement under S-3 to sell up to $6.4M in common stock via ATM program.","No shares sold under the sales agreement in prior 12 months; full $6.4M still available.","Outstanding shares as of May 1, 2026: 4,455,649."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103171,"accession_number":"0001493152-26-012810","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-03-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century Q4 2025 net rev $3.5M, net loss $2.8M; exits year debt-free with $7.1M cash","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net revenues $3.5M, down 12% YoY; gross loss improved to $(0.8)M from $(1.3)M.","FY2025 net revenues $17.6M, down 27.9% YoY; net loss from cont ops $13.1M improved 15.3%.","Ended 2025 debt-free with $7.1M cash; eliminated $8M debt; secured $9.5M insurance settlement.","VLN expansion: Pinnacle VLN in ~1,500 stores in top-5 c-store chain; state authorizations expanded."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103170,"accession_number":"0001493152-26-011967","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-03-20T23:59:59+00:00","items":["1.01","5.03","3.03","9.01"],"status":"ready","headline":"22nd Century Group raises up to $20M via Series B Preferred offering; uses proceeds to redeem Series A","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Initial close of $16.0M of Series B Preferred at $1,000 stated value; additional $4M possible within one year.","Series B convertible at $3.57 fixed or 15% discount to VWAP; 100% warrant coverage at $3.57, 5-year term.","Net proceeds from initial close ~$5.7M after fees and repurchase of $9.65M Series A Preferred.","Company prohibited from variable rate transactions while Series B outstanding; limited ATM use allowed.","No voting rights for Series B; perpetual term; redemption at 110% of stated value after 6 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103169,"accession_number":"0001493152-26-007596","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["2.02","5.07","8.01","9.01"],"status":"ready","headline":"22nd Century Group: prelim Q4 net rev $3.6M, FY rev $17.6M; ended 2025 debt-free; stockholders OK reverse split","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q4 2025 net revenue $3.6M vs $4.0M in Q3; FY2025 revenue $17.6M vs $24.4M in 2024.","FY2025 net loss from continuing ops $13.1M vs $15.5M in 2024; operating loss $11.6M vs $14.0M.","Ended 2025 debt-free with $7.1M cash; zero long-term debt after extinguishing senior secured debt.","Stockholders approved reverse stock split (1:2 to 1:200) and other proposals to comply with Nasdaq rules.","VLN commercial expansion cited as shift to higher-margin proprietary brands."],"consensus_eps_estimate":null,"consensus_eps_actual":-52.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":17587000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103168,"accession_number":"0001493152-26-003185","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2026-01-22T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"22nd Century Group files 1-for-15 reverse stock split to regain NASDAQ listing compliance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split ratio is 1-for-15, effective at 12:01 a.m. ET on January 26, 2026.","Shares outstanding to reduce from 7,652,661 to approximately 510,177 after split.","No fractional shares will be issued; rounding adjustments go to whole shares.","Split authorized under NRS 78.209 with stockholder approval; symbol XXII unchanged.","Par value unchanged; options and warrants adjusted proportionally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119406,"accession_number":"0001493152-25-028191","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["1.01","3.03","5.03","9.01"],"status":"ready","headline":"22nd Century Group extends stockholder approval deadline to Feb 23, 2026, amends Preferred Stock terms","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Extends Stockholder Approval Deadline from 90 days post-closing to February 23, 2026.","Waives prior failure to obtain approval; if not obtained by new deadline, investors may require redemption at 100% Stated Value.","ATM facility sales limited to price >= $2.00 and volume caps (5-10% of daily volume); sales prohibited if approval not obtained by deadline.","Company will seek approval for reverse stock split to comply with Nasdaq rules and a future offering of preferred stock and warrants up to $20 million.","Warrants amended to provide anti-dilution adjustments for issuances below exercise price, effective after stockholder approval date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119405,"accession_number":"0001493152-25-020668","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["1.01","2.02","5.02","9.01"],"status":"ready","headline":"22nd Century Q3 net income $5.5M from insurance settlement; revenue down 32.5% YoY; $25M ATM launched","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $4.0M, down 32.5% YoY; gross loss widened to $1.1M from $0.6M in prior quarter.","Consolidated net income $5.5M reflects $9.5M insurance settlement (Grass Valley fire); operating loss $3.2M.","Zero long-term debt at quarter end; cash $4.8M; additional $9.5M received post-quarter in November.","Entered $25M at-the-market equity facility with Needham & Company; 3% commission on sales.","New executive employment agreements with CEO, CFO, and three other officers; enhanced severance provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":14050000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135960,"accession_number":"0001493152-25-014813","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-09-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"22nd Century settles insurance claim for $9.5M cash; company now debt-free","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settlement resolves all business-interruption claims from Nov 2022 Grass Valley fire; insurer pays $9.5M within 45 days.","Company is now debt-free, shifting from survival capital to growth capital.","Management expects to drive to profitability in 2026; VLN product distribution expansion ongoing.","Cash proceeds are non-dilutive, strengthening balance sheet without new equity issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135959,"accession_number":"0001493152-25-014065","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-09-18T23:59:59+00:00","items":["1.02","9.01"],"status":"ready","headline":"22nd Century repays $3.9M senior secured debt, becomes debt-free","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Repaid $3.9M outstanding under JGB SPA and terminated all related debentures and liens on Sept 18, 2025.","Eliminated over $20M in senior secured and subordinated debt since CEO Larry Firestone joined.","Series A convertible preferred stock offering closed; pro forma net tangible book value increased by $9.1M (~$1.05/share).","Working capital supports purchase of low nicotine leaf for production of >1M cartons of VLN cigarettes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135958,"accession_number":"0001641172-25-025569","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"22nd Century Group replaces auditor Freed Maxick with WithumSmith+Brown effective Aug 22, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee approved replacement of Freed Maxick P.C. due to acquisition of certain assets by WithumSmith+Brown, PC.","No disagreements or reportable events occurred during fiscal years 2023 and 2024 with prior auditor.","Prior auditor's reports for 2023 and 2024 were unqualified with no adverse opinion or modification.","WithumSmith+Brown, PC appointed as independent auditor for fiscal year ending Dec 31, 2025.","Company provided prior auditor with disclosure; Withum furnished letter agreeing with statements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135957,"accession_number":"0001641172-25-025279","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-08-25T23:59:59+00:00","items":["1.01","5.03","3.03","9.01"],"status":"ready","headline":"22nd Century Group raises $10.65M in Series A Preferred and Warrants offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["$10.65M offering of Series A Convertible Preferred Stock (stated value $1,000/share) and 5-year warrants to buy common at $1.97/share.","Initial conversion price $2.19/share, subject to anti-dilution adjustment with a floor price of $0.394 after stockholder approval.","Net proceeds ~$10M used to repay JGB debt and general working capital.","Offering expected to close on August 26, 2025, subject to customary closing conditions.","Preferred stock has no voting rights but requires consent for major changes; redeemable at 110% after one year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135956,"accession_number":"0001641172-25-023667","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century Q2 revenue falls 48.6% to $4.1M; operating loss widens","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $4.1M, down 48.6% YoY from $7.9M and sequentially from $6.0M.","Operating loss widened to $3.0M from $2.0M YoY; net loss stable at $3.3M.","Diluted EPS from continuing ops ($13.16) vs ($843.98) in Q2 2024 due to reverse split.","Reduced debt by $1.0M to $3.8M; cash $3.1M; net debt $0.7M.","Pinnacle VLN shipments to almost 1,000 stores of top-5 c-store chain; sales expected Sept 1."],"consensus_eps_estimate":null,"consensus_eps_actual":-47.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":10039000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135955,"accession_number":"0001641172-25-019708","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-07-15T23:59:59+00:00","items":["5.02","5.03","5.07","9.01"],"status":"ready","headline":"22nd Century shareholders approve doubling authorized shares and reverse split authorization","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved doubling authorized common shares from 250M to 500M.","Approved reverse stock split range 1:2 to 1:100 at Board discretion for Nasdaq compliance.","Approved 5M additional shares for the 2021 Omnibus Incentive Plan.","Approved issuance of shares upon exercise of warrants dated Oct 2024 and May 2025.","Say-on-pay passed; directors Firestone and Keys re-elected; Freed Maxick CPAs ratified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152991,"accession_number":"0001641172-25-016229","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-06-24T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"22nd Century expands Pinnacle deal with top-5 c-store chain; exclusive manufacturing for 5 years","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exclusive 5-year manufacturing deal for Pinnacle cigarettes and moist snuff brands with top-5 c-store chain.","Includes 4 existing Pinnacle brands, up to 3 new low-nicotine SKUs, 2 naturals, 2 moist snuff products.","New partner VLN products (Pinnacle VLN Gold and Menthol) to launch in 1,700+ stores across 27 states.","Sales expected late summer/early fall 2025, pending state approvals; merchandising agreement for further chain expansion.","Company will pay customer a royalty per carton; replaces prior supply agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152990,"accession_number":"0001641172-25-015296","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"22nd Century Group announces 1-for-23 reverse stock split effective June 20, 2025 to regain NASDAQ compliance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1:23 ratio, effective 12:01 a.m. ET on June 20, 2025.","Authorized shares reduced from 250M to ~10.87M; outstanding from ~11.5M to ~500,331.","No fractional shares issued; any fractional holder receives one whole share post-split.","Split approved by Board without stockholder vote under Nevada law.","Ticker remains XXII; new CUSIP 90137F509."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152989,"accession_number":"0001641172-25-012097","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"22nd Century Group amends JGB debentures allowing conversion price reset; director resigns","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended JGB debentures: one-time reset of conversion price to 5-day VWAP average, not exceeding $6.04; $3.8M outstanding.","Stockholder approval required by Aug 15, 2025 for unlimited share issuance above 20% at discount; seek at every meeting if not obtained.","Director Anthony Johnson resigned effective July 15, 2025; no conflict with company.","Conversion price reset subject to holder consent; reset date notice to holders required."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152988,"accession_number":"0001641172-25-009810","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century reports Q1 2025 net revenues up 50% sequentially to $6.0M; operating loss narrows to $2.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $6.0M, up ~50% from $4.0M in Q4 2024; gross loss improved to $(0.6)M from $(1.3)M.","Operating loss $2.6M vs $4.1M in Q4; net loss $3.3M vs $4.2M; adj. EBITDA loss $2.3M vs $3.9M.","Cigarette net revenues $5.0M (volumes 319K cartons) vs $3.3M in Q4; filtered cigar $1.1M vs $0.8M.","Net debt $3.4M at quarter end; subsequent debt reduction to $3.9M total; $3.7M debt reduced YTD.","VLN partner brand shipments ready with Smoker Friendly; new five-year license agreement covering 19 products."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":5956000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152987,"accession_number":"0001641172-25-006804","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"22nd Century Group launches warrant inducement, expects up to $8.8M proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offered holders of 11,072,093 existing warrants ($4.3021 exercise) to exercise at reduced price of $0.7893, with 100% warrant coverage.","Holders to exercise 60% immediately (~$5.4M gross) and remaining 40% within 30 days after effectiveness (~$8.8M total if fully exercised).","Issuing new inducement warrants for 100% of shares exercised; exercise price $4.3021, 5-year term, subject to stockholder approval.","Amended PIPE warrants from Oct 2024: cashless exercise now yields 2 shares per warrant (was 0.75); event market price adjusted to $0.75.","Company to file resale registration statement by May 15, 2025; agrees to six-month lock-up on variable rate transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152986,"accession_number":"0001641172-25-005243","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-04-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"22nd Century Group settles shareholder derivative suits; insurers pay $768K in fees, governance reforms for 5 years","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Settlement resolves derivative actions alleging breach of fiduciary duties over a stock promotion scheme and false statements.","Insurance carriers will pay plaintiffs' attorneys $768,333; company adopts corporate governance reforms for at least 5 years.","No admission of liability; defendants expressly deny any wrongdoing.","Court hearing for final approval is scheduled for July 16, 2025.","Settlement bars current stockholders from contesting approval and pursuing released claims."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171775,"accession_number":"0001493152-25-010957","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century reports Q4 net loss of $4.2M; launches VLN partner brands for Q2 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $4.0M in Q4 2024, down 32% from $5.9M in Q3 2024; FY 2024 revenue $24.4M vs $32.2M in FY 2023.","Q4 2024 gross loss $1.3M, operating loss $4.1M, net loss $4.2M; adjusted EBITDA loss $3.9M.","VLN cigarette net revenues negative due to rebates; new branding and first partner brand Smoker Friendly ready for shipment in Q2 2025.","Signed 5-year expanded license & manufacturing agreement with Smoker Friendly covering 19 products (11 existing + 8 new).","FDA proposed nicotine standard cites VLN as only combustible cigarette meeting max nicotine level of 0.7 mg/g."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171774,"accession_number":"0001493152-25-003792","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"22nd Century regains Nasdaq minimum bid price compliance, avoids delisting","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq letter on Jan 21, 2025 confirming compliance with Listing Rule 5550(a)(2).","Hearing before Nasdaq panel cancelled; common stock remains listed on Nasdaq.","Press release issued Jan 27, 2025 announcing full compliance regained.","CEO Larry Firestone expressed commitment to business goals and shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171773,"accession_number":"0001104659-25-002973","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"22nd Century Group Resets Conversion Price on Senior Secured Credit Facility to $6.04 per Share","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On January 13, 2025, the Board of Directors approved resetting the Conversion Price to $6.04 per share.","The reset was authorized by stockholders at the December 6, 2024 special meeting.","The new price equals the average daily VWAP for the five consecutive Nasdaq trading days before the reset.","The conversion price change applies to debentures held by JGB Partners, JGB Capital, and JGB Capital Offshore."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171772,"accession_number":"0001493152-25-001239","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2025-01-07T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"22nd Century Group signs exclusive 5-year license and manufacturing deal with Smoker Friendly covering 19 brands","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exclusive license and manufacturing agreement for 5 years, covering 11 existing SF brands and 8 new premium brands.","Agreement allows future addition of filtered cigars and reduced nicotine content cigarettes.","22nd Century will pay a royalty per carton; no other financial terms disclosed.","Builds on over a decade of business relationship; secures substantial contract manufacturing volume.","Expects to expand with filtered cigar business and VLN reduced nicotine brand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188772,"accession_number":"0001104659-24-129440","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-12-17T23:59:59+00:00","items":["3.01","3.03","5.03","9.01"],"status":"ready","headline":"Nasdaq determines to delist XXII; company appeals, completes 1-for-135 reverse split","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified 22nd Century on Dec 16, 2024 that stock had bid price ≤$0.10 for 10 consecutive days, triggering Low Priced Stocks Rule and delisting.","Company intends to appeal by Dec 23, 2024; hearing request stays suspension pending panel decision.","Effective Dec 17, 2024, completed 1-for-135 reverse stock split to increase trading price and cure listing deficiency.","Pre-split shares outstanding: 74,724,641; post-split approx 553,516 shares (subject to rounding).","No assurance of favorable hearing outcome or ability to regain compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188771,"accession_number":"0001493152-24-049090","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"22nd Century shareholders approve reverse stock split up to 1:250 and warrant issuances","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split authorized at ratio between 1:2 and 1:250 to comply with Nasdaq listing rules.","Shareholders approved issuance of shares upon exercise of warrants dated Aug 27, Sep 13, Sep 27, Oct 11, 2024.","Amendment to convertible debentures (JGB Amendment) approved.","All eight proposals passed; reverse split received 8.04M for, 3.37M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188770,"accession_number":"0001558370-24-015123","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century Q3 revenues $5.9M, net loss $3.6M; targets cash positive by Q1 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $5.9M, down 24.5% YoY; gross loss $(0.6)M vs $0.1M profit YoY.","Net loss from continuing ops $3.6M; EPS $(0.27) vs $(6.70) YoY.","Net debt improved to $3.0M from $7.0M sequentially; reaffirmed EBITDA breakeven goal in Q1 2025.","Filtered cigar net revenues fell to $1.7M from $4.1M YoY as company exited low-margin contract manufacturing."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":20361000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188769,"accession_number":"0001104659-24-110997","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-10-24T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"22nd Century Group raises ~$3M via PIPE of prefunded warrants and warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 28,354,914 prefunded warrants at $0.10719 each and 42,532,372 common warrants exercisable at $1.00, expiring 5 years after stockholder approval.","Gross proceeds ~$3M; net proceeds after fees (~$100K cash + $30K expense reimb.) expected ~$2.9M.","Shares issuable upon warrant exercise require stockholder approval by May 30, 2025; company also issued placement agent warrants for 2,268,393 shares at $1.25.","Closing expected Oct 24, 2024; investors granted participation rights in future equity offerings for 9 months post-closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188768,"accession_number":"0001104659-24-108135","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-10-15T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"22nd Century Group raises ~$2.1M in registered direct offering with warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross proceeds ~$2.1M from 14.3M shares at $0.15/share and warrants for 28.5M shares.","Warrants exercisable at $1.00/share, subject to stockholder approval; expire 5 years after approval.","Net proceeds ~$2.0M; closing expected Oct 14; post-offering shares outstanding ~45.7M.","Placement agent fees: 6% cash fee and warrants for 856,000 shares at $1.25.","Company to hold stockholder meeting within 75 days to approve warrant share issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188767,"accession_number":"0001104659-24-107522","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-10-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"22nd Century Group enters letter agreement to reset conversion price of JGB debentures subject to shareholder approval","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["One-time reset of Conversion Price to 5-day average VWAP, not above current $0.7458, subject to Holder written approval.","Company must obtain shareholder approval for unlimited share issuance at discount to Nasdaq Minimum Price by Dec 31, 2024.","If approval not obtained by Dec 31, Company must seek it at every subsequent shareholder meeting, at least every six months.","All conversion shares to be issued free of restrictive legends; Company to provide legal opinions to transfer agent.","Letter agreement amends March 2023 SPA and debentures; prior August 2024 letter agreement remains in effect."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188766,"accession_number":"0001104659-24-106869","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-10-08T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"22nd Century Group regains Nasdaq stockholders' equity compliance; raised $11.6M in equity","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notice confirming compliance with minimum $2.5M stockholders' equity requirement under Rule 5550(b)(1).","Raised $11.6 million in equity proceeds and reduced outstanding liabilities to meet the equity minimum.","Nasdaq had previously granted a 180-day extension to October 1, 2024, which the company satisfied.","Nasdaq will continue to monitor compliance; failure in future periodic reports could lead to delisting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205242,"accession_number":"0001104659-24-104030","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"22nd Century Group believes it now meets Nasdaq minimum equity requirement of $2.5M","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Issued 1.15M shares to extinguish subordinated debt, increasing equity by $3.9M.","Sold 21.93M shares for net proceeds of $11.6M.","Converted $3.1M of senior secured debt into 2.015M shares.","Settled $1.7M in commercial liabilities with 2.47M shares.","Nasdaq granted extension to Oct 1, 2024; will monitor ongoing compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205241,"accession_number":"0001104659-24-103911","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"22nd Century Group raises ~$1.2M via registered direct offering and warrant inducement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 5,153,508 shares and warrants for 10,307,016 shares at $0.228 per unit; gross proceeds ~$1.2M.","Net proceeds ~$1.1M; closing expected October 1, 2024.","Warrant inducement: holders of existing warrants (5,079,244 shares at $0.228) offered new warrants at 200% coverage.","Company to seek stockholder approval for shares issuable upon exercise of new warrants.","Placement agent receives 6% cash fee plus 6% on warrant exercises and expense reimbursement up to $50,000."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205240,"accession_number":"0001104659-24-099665","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"22nd Century raises $3.48M in Reg A offering and issues 12.2M warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 6.1M shares at $0.57/share for gross proceeds of $3.48M under Regulation A; total sold in offering is 9.72M shares.","Company may raise up to an additional $15.8M on same terms from time to time under the Reg A offering statement.","Privately placed 12.2M warrants at $0.00001 each, exercisable at $1.00/share, expiring in 5 years; net proceeds ~$122.","Warrant exercise price subject to anti-dilution adjustment in future equity sales, conditioned on stockholder approval if lower.","Company has agreed to file a registration statement within 30 days upon investor demand for resale of warrant shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205239,"accession_number":"0001104659-24-098008","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"22nd Century agrees $1.22M IP payment with NCSU, payable in cash or stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total payment of $1,220,438 to NCSU covers IP licensing, royalties, and sponsored research through 2025.","Consideration may be paid in cash or common stock (up to 19.99% of outstanding shares) in three tranches.","First installment due by September 15, 2024; final by January 15, 2025.","Company extended field trial activity into 2025 under the agreement.","Equity issuance price based on 5-day VWAP; shares subject to registration for resale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205238,"accession_number":"0001104659-24-093785","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-08-28T23:59:59+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"22nd Century raises $1.68M via Reg A offering, amends JGB debenture terms","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 2.95M shares at $0.57/share for $1.68M gross proceeds under Reg A; total sold 3.62M shares.","Private placement of 2.596M warrants at $0.00001 each, exercisable at $1.00/share for 5 years.","JGB amendment: suspends 20% equity payout through Dec 2024; limits monthly redemption to 50% through July 2025.","Amendment fee of $746K added to debenture principal under letter agreement with JGB.","Potential to raise up to ~$3.9M additional on same terms; no current agreements for further sales."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205237,"accession_number":"0001104659-24-091473","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-08-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"No material news; 22nd Century Group announces virtual investor conference participation.","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Press release dated August 20, 2024 announces participation in Emerging Growth Virtual Conference on August 21, 2024.","Presentation scheduled for 4:25 PM ET; accessible via company's investor relations website.","No financial results, guidance changes, or operational updates disclosed.","Company reiterates its focus on tobacco harm reduction with reduced nicotine content products."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205236,"accession_number":"0001104659-24-090574","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-08-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"22nd Century Group sells 460K shares at $0.57 for $262K gross; may raise up to $6M more","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 460,000 shares at $0.57/share for gross proceeds of $262,200 to an institutional investor.","No placement agent or commissions paid on the transaction.","Company has the ability, at its election, to raise up to approximately $6.0 million on the same terms under the Form 1-A offering statement.","Form 1-A offering statement qualified by SEC on August 13, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205235,"accession_number":"0001558370-24-011966","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century Q2 net loss narrows to $2.2M; targets cash positive by Q1 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $7.9M, up 22.8% sequentially; net loss $2.2M, improved 61.4% from Q1 2024.","Gross profit turned positive to $0.6M vs $(1.1)M in Q1; operating loss halved to $2.0M.","Reduced net debt by ~$6.3M year-to-date; aiming for cash positive operations in Q1 2025.","Cigarette rev $4.1M (+8% YoY) aided by $0.9M Spectrum order; cigarillo dist. rev $0.6M.","VLN revenue negligible; company plans rebrand/relaunch due to low sell-through."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":14416000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205234,"accession_number":"0001104659-24-084006","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"22nd Century Group appoints Robert Manfredonia as EVP of Sales and Marketing","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert Manfredonia appointed EVP of Sales and Marketing, effective August 1, 2024.","Base salary set at $275,000; eligible for company benefit programs.","Manfredonia brings nearly 30 years experience in regulated consumer products, previously at Bonavita Beverage Group.","Company highlights his role in accelerating growth, including relaunch of rebranded VLN® cigarettes.","No family relationships or reportable transactions with the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205233,"accession_number":"0001104659-24-081518","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-07-22T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"22nd Century Group receives Nasdaq deficiency notice for bid price below $1.00","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Nasdaq notified company on July 16, 2024 that stock failed to meet $1.00 minimum bid price for 30 consecutive business days.","No immediate impact on listing or trading; company has 180 days, until January 13, 2025, to regain compliance.","If stock closes at or above $1.00 for 10 consecutive business days during cure period, deficiency will be cured.","If not cured by Jan 13, 2025, company may qualify for a second 180-day period if it meets other listing standards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222128,"accession_number":"0001104659-24-076310","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"22nd Century Group shareholders reject board declassification; approve share increase, say-on-pay, warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders voted against declassifying the Board of Directors (685,689 for, 69,180 against, with 1,595,154 broker non-votes).","Approved amendment to 2021 Omnibus Incentive Plan increasing authorized shares by 5 million (575,226 for, 177,742 against).","Advisory resolution approving 2023 executive compensation passed (636,228 for, 113,622 against).","Approved warrants dated April 9, 2024 and shares issuable upon exercise (626,626 for, 126,595 against).","Approved voluntary conversion option in debentures dated March 3, 2023, as amended (655,189 for, 95,561 against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222127,"accession_number":"0001104659-24-074782","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-06-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"22nd Century reduces secured debt by $1.5M via GVB payment; total now $8.3M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["GVB Biopharma paid $1.5M directly to lender JGB, cutting total secured principal to $8.3M.","Remaining $500,000 due under the GVB note extended to December 31, 2024.","CEO Larry Firestone noted debt reduced from $15.8M (Dec 2023) to $8.3M, lowering interest expense.","The promissory note is secured by assets GVB acquired in its Dec 2023 purchase of 22nd Century's hemp/cannabis assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222126,"accession_number":"0001104659-24-068302","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Nasdaq grants 22nd Century 180-day extension to regain equity compliance by Oct 1, 2024","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Stockholders' equity deficit of ($8,410,000) as of Dec 31, 2023, is below Nasdaq's $2,500,000 minimum.","Nasdaq accepted the company's compliance plan and granted extension through October 1, 2024.","Failure to evidence compliance by Oct 1, 2024 may lead to delisting; company warns no assurance of success.","Company intends to take all reasonable measures to regain compliance and remain listed on Nasdaq."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222125,"accession_number":"0001104659-24-066631","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-05-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"President of Tobacco John Miller resigns effective August 2, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Miller, President of Tobacco at 22nd Century Group, gave notice of resignation on May 27, 2024.","Resignation effective August 2, 2024; no replacement announced.","Departure not due to any conflict or disagreement with the Company or its operations.","Miller's role oversaw the tobacco business segment of the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222124,"accession_number":"0001558370-24-008198","cik":1347858,"company_name":"22nd Century Group, Inc.","ticker":"XXII","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"22nd Century Group Q1 2024 net loss $5.5M; improves from prior year; reduces debt by $8M in Q2","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue from continuing ops $6.5M; gross profit negative $1.1M including $0.4M inventory reserves and $0.2M excise tax.","Net loss from continuing ops $5.5M vs $10.8M prior year; Adjusted EBITDA loss $3.5M vs $9.0M prior year.","Cash used in ops fell to $2.3M from $17.5M prior year; cash $4.8M as of May 1 after $4.2M equity raise in April.","Reduced ~$8.0M of debt and liabilities post-quarter via equity exchanges; long-term debt $8.1M at quarter end.","New customer contracts commenced April 2024 with revenue ramping in Q2; CMO production unit volumes up 20%."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":6469000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2800000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-05-15T23:59:59+00:00|222124"}