secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001104659-23-116466
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
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 deficiency letter on Nov 7, 2023 for failing Minimum Bid Price Requirement (closing bid below $1.00 for 31 consecutive business days).
- Must close at $1.00 or more for at least 10 consecutive business days by May 6, 2024 to regain compliance.
- If not compliant by May 6, 2024, may qualify for a second 180-day cure period if other listing standards are met.
- Company intends to monitor bid price and consider available options to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465923116466/0001104659-23-116466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465923116466/tm2330388d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-116466

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