22nd Century Group Files Material Definitive Agreement 8-K
Ticker: XXII · Form: 8-K · Filed: Aug 16, 2024 · CIK: 1347858
| Field | Detail |
|---|---|
| Company | 22nd Century Group, Inc. (XXII) |
| Form Type | 8-K |
| Filed Date | Aug 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $0.57, $262,200, $6.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
TL;DR
22nd Century Group signed a big deal, details TBD.
AI Summary
On August 16, 2024, 22nd Century Group, Inc. filed an 8-K report detailing a material definitive agreement. The filing does not disclose specific details of the agreement or any associated dollar amounts or parties involved.
Why It Matters
This filing indicates a significant new agreement for 22nd Century Group, which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, but the lack of specific details introduces uncertainty about its implications.
Key Players & Entities
- 22nd Century Group, Inc. (company) — Registrant
- August 16, 2024 (date) — Date of Report
FAQ
What is the nature of the material definitive agreement filed by 22nd Century Group?
The filing does not specify the nature of the material definitive agreement.
Who are the parties involved in this material definitive agreement?
The filing does not disclose the names of the other parties to the agreement.
Are there any financial terms or dollar amounts associated with this agreement mentioned in the filing?
No specific financial terms or dollar amounts are disclosed in this filing.
When was this material definitive agreement entered into?
The filing reports the date as August 16, 2024, which is the earliest event reported.
What is the primary business of 22nd Century Group, Inc. according to the filing?
According to the filing, 22nd Century Group, Inc. is in the CIGARETTES industry (SIC code 2111).
Filing Stats: 632 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-08-16 17:25:39
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value XXII NASDAQ Capital Market
- $0.57 — mmon Stock of the Company at a price of $0.57 per share for gross proceeds to the Com
- $262,200 — re for gross proceeds to the Company of $262,200. The Shares to be issued in the offeri
- $6.0 million — itional proceeds of up to approximately $6.0 million on the same terms and conditions pursua
Filing Documents
- tm2420509d5_8k.htm (8-K) — 27KB
- 0001104659-24-090574.txt ( ) — 195KB
- xxii-20240816.xsd (EX-101.SCH) — 3KB
- xxii-20240816_lab.xml (EX-101.LAB) — 33KB
- xxii-20240816_pre.xml (EX-101.PRE) — 22KB
- tm2420509d5_8k_htm.xml (XML) — 3KB
01 Financial Statements
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Form of Subscription Agreement (Incorporated by reference to Exhibit 4.1 to the Company's Form 1-A/A Offering 104 Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 22nd Century Group, Inc. /s/ Lawrence Firestone Date: August 16, 2024 Lawrence Firestone Chief Executive Officer