---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-108135"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T14:30:11.178241+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Group raises ~$2.1M in registered direct offering with warrants

## Summary
- Gross proceeds ~$2.1M from 14.3M shares at $0.15/share and warrants for 28.5M shares.
- Warrants exercisable at $1.00/share, subject to stockholder approval; expire 5 years after approval.
- Net proceeds ~$2.0M; closing expected Oct 14; post-offering shares outstanding ~45.7M.
- Placement agent fees: 6% cash fee and warrants for 856,000 shares at $1.25.
- Company to hold stockholder meeting within 75 days to approve warrant share issuance.

## SEC filing metadata
- accession: 0001104659-24-108135
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000110465924108135/0001104659-24-108135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000110465924108135/tm2426070d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-108135
- JSON: https://secwatch.observer/filing/0001104659-24-108135.json
- Plain text: https://secwatch.observer/filing/0001104659-24-108135.txt

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