---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-006804"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:07:50.010388+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Group launches warrant inducement, expects up to $8.8M proceeds

## Summary
- Offered holders of 11,072,093 existing warrants ($4.3021 exercise) to exercise at reduced price of $0.7893, with 100% warrant coverage.
- Holders to exercise 60% immediately (~$5.4M gross) and remaining 40% within 30 days after effectiveness (~$8.8M total if fully exercised).
- Issuing new inducement warrants for 100% of shares exercised; exercise price $4.3021, 5-year term, subject to stockholder approval.
- Amended PIPE warrants from Oct 2024: cashless exercise now yields 2 shares per warrant (was 0.75); event market price adjusted to $0.75.
- Company to file resale registration statement by May 15, 2025; agrees to six-month lock-up on variable rate transactions.

## SEC filing metadata
- accession: 0001641172-25-006804
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000164117225006804/0001641172-25-006804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000164117225006804/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-006804
- JSON: https://secwatch.observer/filing/0001641172-25-006804.json
- Plain text: https://secwatch.observer/filing/0001641172-25-006804.txt

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