---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-093785"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2024-08-28T23:59:59+00:00"
generated_at: "2026-05-31T07:08:15.773579+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# 22nd Century raises $1.68M via Reg A offering, amends JGB debenture terms

## Summary
- Issued 2.95M shares at $0.57/share for $1.68M gross proceeds under Reg A; total sold 3.62M shares.
- Private placement of 2.596M warrants at $0.00001 each, exercisable at $1.00/share for 5 years.
- JGB amendment: suspends 20% equity payout through Dec 2024; limits monthly redemption to 50% through July 2025.
- Amendment fee of $746K added to debenture principal under letter agreement with JGB.
- Potential to raise up to ~$3.9M additional on same terms; no current agreements for further sales.

## SEC filing metadata
- accession: 0001104659-24-093785
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2024-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000110465924093785/0001104659-24-093785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000110465924093785/tm2422784d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-093785
- JSON: https://secwatch.observer/filing/0001104659-24-093785.json
- Plain text: https://secwatch.observer/filing/0001104659-24-093785.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.