secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2024-06-04T23:59:59+00:00
Accession:  0001104659-24-068302
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq grants 22nd Century 180-day extension to regain equity compliance by Oct 1, 2024
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- Stockholders' equity deficit of ($8,410,000) as of Dec 31, 2023, is below Nasdaq's $2,500,000 minimum.
- Nasdaq accepted the company's compliance plan and granted extension through October 1, 2024.
- Failure to evidence compliance by Oct 1, 2024 may lead to delisting; company warns no assurance of success.
- Company intends to take all reasonable measures to regain compliance and remain listed on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924068302/0001104659-24-068302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924068302/tm2416418d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-068302

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