---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-002973"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T02:57:59.471633+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Group Resets Conversion Price on Senior Secured Credit Facility to $6.04 per Share

## Summary
- On January 13, 2025, the Board of Directors approved resetting the Conversion Price to $6.04 per share.
- The reset was authorized by stockholders at the December 6, 2024 special meeting.
- The new price equals the average daily VWAP for the five consecutive Nasdaq trading days before the reset.
- The conversion price change applies to debentures held by JGB Partners, JGB Capital, and JGB Capital Offshore.

## SEC filing metadata
- accession: 0001104659-25-002973
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000110465925002973/0001104659-25-002973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000110465925002973/tm253186-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-002973
- JSON: https://secwatch.observer/filing/0001104659-25-002973.json
- Plain text: https://secwatch.observer/filing/0001104659-25-002973.txt

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