secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0001104659-24-081518
Event type: other_material
Sentiment:  negative
Materiality: 0.55
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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- Nasdaq notified company on July 16, 2024 that stock failed to meet $1.00 minimum bid price for 30 consecutive business days.
- No immediate impact on listing or trading; company has 180 days, until January 13, 2025, to regain compliance.
- If stock closes at or above $1.00 for 10 consecutive business days during cure period, deficiency will be cured.
- If not cured by Jan 13, 2025, company may qualify for a second 180-day period if it meets other listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924081518/0001104659-24-081518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924081518/tm2419675d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-081518

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer