secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001104659-24-043130
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Group announces 1-for-16 reverse stock split to regain Nasdaq compliance
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- Reverse split effective 12:01 a.m. ET on April 2, 2024; pre-split outstanding 55,722,442 shares, post-split ~3,482,653.
- Authorized shares remain unchanged at 250M; no effect on par value or preferred stock.
- Fractional shares rounded up to whole shares; no cash consideration paid.
- Split solely to restore compliance with Nasdaq $1.00 minimum bid price continued listing standard.
- Ticker XXII unchanged; new CUSIP 90137F301; options and warrants proportionally adjusted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924043130/0001104659-24-043130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924043130/tm2410716d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-043130

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