---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-109884"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:44:55.917100+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Group prices $5.25M public offering of shares and warrants at $0.525/unit

## Summary
- Offering includes 10M shares (or pre-funded equivalents) and warrants to purchase 20M shares at $0.525 each.
- Warrants are immediately exercisable and expire five years from issuance.
- Gross proceeds of approximately $5.25M; closing expected on or about October 19, 2023.
- Net proceeds to be used for general corporate purposes; Dawson James Securities acted as placement agent.

## SEC filing metadata
- accession: 0001104659-23-109884
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000110465923109884/0001104659-23-109884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000110465923109884/tm2328600d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-109884
- JSON: https://secwatch.observer/filing/0001104659-23-109884.json
- Plain text: https://secwatch.observer/filing/0001104659-23-109884.txt

## Key facts
- Material Agreements
  22nd Century Group, Inc. entered into Securities Purchase Agreement with certain investors valued at approximately $5.25 million (effective 2023-10-17).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors
  - Value: approximately $5.25 million
  - Effective: 2023-10-17
  source text: On October 17, 2023, 22nd Century Group, Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain investors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1347858/000110465923109884/0001104659-23-109884-index.htm

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