other_material
confidence high
sentiment neutral
materiality 0.60
22nd Century Group files 1-for-15 reverse stock split to regain NASDAQ listing compliance
22nd Century Group, Inc.
- Reverse stock split ratio is 1-for-15, effective at 12:01 a.m. ET on January 26, 2026.
- Shares outstanding to reduce from 7,652,661 to approximately 510,177 after split.
- No fractional shares will be issued; rounding adjustments go to whole shares.
- Split authorized under NRS 78.209 with stockholder approval; symbol XXII unchanged.
- Par value unchanged; options and warrants adjusted proportionally.
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