22nd Century Group files 1-for-20 reverse stock split, raises ~$463K in warrant inducement

22nd Century Group, Inc.

1-for-20 reverse stock split effective June 12, 2026 to regain NASDAQ compliance; outstanding shares to fall from ~10.3M to ~516k.
Warrant inducement: holders exercised Existing Warrants ($3.57 strike) at reduced price $0.4626, receiving new Inducement Warrants ($3.57 strike).
Gross cash proceeds of ~$462,800; $2.01M of Series B Preferred Stock redeemed via the inducement.
8-K/A corrects prior filing: Inducement Warrant exercise price was $3.57, not $0.4626 as originally stated.
Stockholder approval required for reverse split under Nevada law; no reduction in authorized shares (500M).

item 1.01 item 3.02 item 3.03 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

22nd Century Group, Inc.: Filing a Certificate of Amendment to effect a 1-for-20 reverse stock split of common stock (effective 2026-06-12).

Change: charter amendment
Effective: 2026-06-12

Exact text from the filing

the Company will fill a Certificate of Amendment (the “ Certificate ”) pursuant to Nevada Revised Statutes (“ NRS ”) Section 78.209 with the Secretary of State of the State of Nevada authorizing a 1-for-20 reverse stock split of the Company’s issued and outstanding shares of common stock

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22nd Century Group, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-027870

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