---
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"
generated_at: "2026-06-13T11:38:05.698750+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Group announces 1-for-15 reverse stock split to regain Nasdaq compliance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-078278
- JSON: https://secwatch.observer/filing/0001104659-23-078278.json
- Plain text: https://secwatch.observer/filing/0001104659-23-078278.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2023-07-05
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1347858/000110465923078278/0001104659-23-078278-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.