secwatch / observer
8-K filed April 8, 2024, 7:59 PM ET ticker XXII CIK 0001347858
other material confidence high sentiment neutral materiality 0.80

22nd Century Group raises ~$3.9M, appoints CFO and GC, amends debt terms

22nd Century Group, Inc.

item 1.01item 3.02item 5.02item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Daniel Otto

Chief Financial Officer
XXII · 22nd Century Group, Inc.
Effective
2024-04-06
Filed
April 8, 2024, 7:59 PM ET
On April 6, 2024, the Board of Directors of the Company approved the appointment of Daniel Otto as its Chief Financial Officer, effective immediately.
Departed

Hugh Kinsman

Chief Financial Officer
XXII · 22nd Century Group, Inc.
Effective
2024-06-01
Successor
Daniel Otto
Filed
April 8, 2024, 7:59 PM ET
On April 6, 2024, Hugh Kinsman, the Company’s Chief Financial Officer, provided notice that he is resigning from such position effective June 1, 2024.
Appointed

Jonathan Staffeldt

General Counsel
XXII · 22nd Century Group, Inc.
Effective
2024-04-06
Filed
April 8, 2024, 7:59 PM ET
On April 6, 2024, the Board of Directors also appointed Jonathan Staffeldt as the Company’s General Counsel effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Otto was appointed as Chief Financial Officer at 22nd Century Group, Inc..

Action
appointed
Role
Chief Financial Officer
Exact text from the filing
On April 6, 2024, the Board of Directors of the Company approved the appointment of Daniel Otto as its Chief Financial Officer, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Hugh Kinsman resigned as Chief Financial Officer at 22nd Century Group, Inc..

Action
resigned
Role
Chief Financial Officer
Exact text from the filing
On April 6, 2024, Hugh Kinsman, the Company’s Chief Financial Officer, provided notice that he is resigning from such position effective June 1, 2024.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Staffeldt was appointed as General Counsel at 22nd Century Group, Inc..

Action
appointed
Role
General Counsel
Exact text from the filing
On April 6, 2024, the Board of Directors also appointed Jonathan Staffeldt as the Company’s General Counsel effective immediately.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

22nd Century Group, Inc. entered into Securities Purchase Agreement with certain investors (the “Investors”) valued at approximately $4.2 million (effective 2024-04-08).

Action
entry
Agreement
equity purchase
Counterparty
certain investors (the “Investors”)
Value
approximately $4.2 million
Effective
2024-04-08
Exact text from the filing
On April 8, 2024, the Company and certain investors (the “Investors”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) relating to the issuance and sale of shares of common stock (or pre-funded warrants in lieu of common stock) pursuant to a registered direct offering and a private placement of warrants to purchase shares of common stock (collectively, the “Offering”).
View on SEC.gov

419 material agreements filed in the last 30 days. Browse all material agreements →

22nd Century Group, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-24-044571
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.