---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-014813"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2025-09-24T23:59:59+00:00"
generated_at: "2026-05-17T05:45:24.549716+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# 22nd Century settles insurance claim for $9.5M cash; company now debt-free

## Summary
- Settlement resolves all business-interruption claims from Nov 2022 Grass Valley fire; insurer pays $9.5M within 45 days.
- Company is now debt-free, shifting from survival capital to growth capital.
- Management expects to drive to profitability in 2026; VLN product distribution expansion ongoing.
- Cash proceeds are non-dilutive, strengthening balance sheet without new equity issuance.

## SEC filing metadata
- accession: 0001493152-25-014813
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2025-09-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000149315225014813/0001493152-25-014813-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000149315225014813/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-014813
- JSON: https://secwatch.observer/filing/0001493152-25-014813.json
- Plain text: https://secwatch.observer/filing/0001493152-25-014813.txt

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