secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0001104659-24-106869
Event type: regulatory
Sentiment:  positive
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Group regains Nasdaq stockholders' equity compliance; raised $11.6M in equity
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- Received Nasdaq notice confirming compliance with minimum $2.5M stockholders' equity requirement under Rule 5550(b)(1).
- Raised $11.6 million in equity proceeds and reduced outstanding liabilities to meet the equity minimum.
- Nasdaq had previously granted a 180-day extension to October 1, 2024, which the company satisfied.
- Nasdaq will continue to monitor compliance; failure in future periodic reports could lead to delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924106869/0001104659-24-106869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000110465924106869/tm2425785d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-106869

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