secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2024-08-16T23:59:59+00:00
Accession:  0001104659-24-090574
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Group sells 460K shares at $0.57 for $262K gross; may raise up to $6M more
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- Issued 460,000 shares at $0.57/share for gross proceeds of $262,200 to an institutional investor.
- No placement agent or commissions paid on the transaction.
- Company has the ability, at its election, to raise up to approximately $6.0 million on the same terms under the Form 1-A offering statement.
- Form 1-A offering statement qualified by SEC on August 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924090574/0001104659-24-090574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924090574/tm2420509d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-090574

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