{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-078278","form_type":"8-K","ticker":"XXII","cik":"0001347858","company_name":"22nd Century Group, Inc.","filed_at":"2023-07-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.675896+00:00","generated_at":"2026-06-13T11:38:05.698750+00:00","sec_items":["3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"22nd Century Group announces 1-for-15 reverse stock split to regain Nasdaq compliance","bullets":["Reverse stock split effective July 5, 2023, at ratio of 1-for-15, trading under symbol XXII with new CUSIP 90137F202.","Authorized common shares reduced from 500M to 33,333,334; outstanding shares from ~237.9M to ~15.9M (subject to rounding).","No fractional shares issued; fractional interests rounded up to nearest whole share; no stockholder approval required under Nevada law.","Press release re-affirms full-year 2023 net sales outlook of $105M to $110M; split intended to meet $1.00 minimum bid price requirement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-078278","json":"https://secwatch.observer/filing/0001104659-23-078278.json","markdown":"https://secwatch.observer/filing/0001104659-23-078278.md","text":"https://secwatch.observer/filing/0001104659-23-078278.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1347858/000110465923078278/0001104659-23-078278-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1347858/000110465923078278/tm2320653d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T11:38:05.698750+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"761799b69bf6d1d6088eebac8db977d6c4f5c0d3","claim":"22nd Century Group, Inc.: Effected a 1-for-15 reverse stock split of common stock to comply with NASDAQ continued listing standard, effective July 5, 2023 (effective 2023-07-05).","evidence_excerpt":"On June 30, 2023, 22nd Century Group, Inc. (the “Company”) filed a Certificate of Change (the “Certificate”) pursuant to Nevada Revised Statutes (“NRS”) Section 78.209 with the Secretary of State of the State of Nevada authorizing a 1-for-15 reverse stock split of the Company’s (a) authorized shares of common stock; and (b) issued and outstanding shares of common stock (the “Reverse Stock Split”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1347858/000110465923078278/0001104659-23-078278-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-07-05"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}