secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001104659-23-040230
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Group receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq letter on March 31, 2023 for non-compliance with Minimum Bid Price Requirement ($1.00).
- Company has 180 days, until September 27, 2023, to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not cured, may qualify for a second 180-day period if it meets other initial listing standards.
- Company intends to monitor bid price and consider available options to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465923040230/0001104659-23-040230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465923040230/tm2311167d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-040230

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