secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001104659-23-109884
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465923109884/0001104659-23-109884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465923109884/tm2328600d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-109884

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