{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-014065","form_type":"8-K","ticker":"XXII","cik":"0001347858","company_name":"22nd Century Group, Inc.","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.793227+00:00","generated_at":"2026-05-17T06:13:29.050944+00:00","sec_items":["1.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"22nd Century repays $3.9M senior secured debt, becomes debt-free","bullets":["Repaid $3.9M outstanding under JGB SPA and terminated all related debentures and liens on Sept 18, 2025.","Eliminated over $20M in senior secured and subordinated debt since CEO Larry Firestone joined.","Series A convertible preferred stock offering closed; pro forma net tangible book value increased by $9.1M (~$1.05/share).","Working capital supports purchase of low nicotine leaf for production of >1M cartons of VLN cigarettes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-014065","json":"https://secwatch.observer/filing/0001493152-25-014065.json","markdown":"https://secwatch.observer/filing/0001493152-25-014065.md","text":"https://secwatch.observer/filing/0001493152-25-014065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1347858/000149315225014065/0001493152-25-014065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1347858/000149315225014065/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:13:29.050944+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}