---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-104030"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:24:14.122061+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Group believes it now meets Nasdaq minimum equity requirement of $2.5M

## Summary
- Issued 1.15M shares to extinguish subordinated debt, increasing equity by $3.9M.
- Sold 21.93M shares for net proceeds of $11.6M.
- Converted $3.1M of senior secured debt into 2.015M shares.
- Settled $1.7M in commercial liabilities with 2.47M shares.
- Nasdaq granted extension to Oct 1, 2024; will monitor ongoing compliance.

## SEC filing metadata
- accession: 0001104659-24-104030
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000110465924104030/0001104659-24-104030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000110465924104030/tm2425195d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-104030
- JSON: https://secwatch.observer/filing/0001104659-24-104030.json
- Plain text: https://secwatch.observer/filing/0001104659-24-104030.txt

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