secwatch.observer — SEC 8-K summary
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Issuer:     22nd Century Group, Inc. (XXII)
CIK:        0001347858
Form:       8-K
Filed at:   2026-06-09T11:00:24+00:00
Accession:  0001493152-26-027838
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

22nd Century Group Announces Warrant Inducement and 1-for-20 Reverse Stock Split
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- Commenced warrant inducement offering with holders of existing warrants for up to 5,345,591 shares.
- Issued inducement warrants at exercise price $0.4626 per share, 100% of shares exercised.
- Received ~$462,800 in gross cash proceeds and redeemed 2,010 shares of Series B Preferred Stock for $2,010,000.
- Effected a 1-for-20 reverse stock split of common stock to meet Nasdaq continued listing standard, effective June 12, 2026.
- Dawson James Securities acted as exclusive placement agent with a 6% cash fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347858/000149315226027838/0001493152-26-027838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347858/000149315226027838/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-027838

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