Welcome to our dedicated page for 22nd Century Group SEC filings (Ticker: XXII), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
22nd Century Group Inc.'s SEC filings document a tobacco products company centered on reduced-nicotine technology, VLN cigarette commercialization and public-company capital structure. Recent 8-K reports furnish operating results and business updates covering VLN distribution, branded tobacco products, contract manufacturing activity and financial condition.
The filings also record financing and governance matters, including common stock sales agreement disclosures, proxy materials, shareholder voting, Series A Convertible Preferred Stock matters, warrant amendments and Nasdaq-related capital actions. The company's material-event reports document a completed reverse stock split, security-holder rights changes, exhibits, XBRL cover data and formal board and stockholder actions under its Nevada corporate structure.
22nd Century Group, Inc. (XXII) released a mid‑year strategic update highlighting progress in building its low‑nicotine cigarette category, led by its FDA‑authorized VLN® brand and value-focused Pinnacle portfolio. Management describes a focused strategy around retail expansion, commercial execution, gross margin improvement, and platform development based on proprietary low‑nicotine tobacco technology.
The company reports that VLN® and Pinnacle products are available in approximately 2,000 retail outlets across the U.S., with a goal of reaching about 5,000 outlets by year-end 2026. Early point-of-sale data indicate that VLN® volume has grown by an average of 10% per month in non-promotion periods, and the company estimates that active VLN® user trial now exceeds 5,000 cases, with a shift from single-pack trial toward carton purchases. Management states that a mix shift toward branded products with positive gross margins is underway beginning in the third quarter of 2026.
22nd Century positions itself as the only company currently serving what it characterizes as a large, unserved U.S. market of smokers seeking a low‑nicotine combustible alternative, citing an estimated >$50 billion annual U.S. combustible cigarette market at retail. The update emphasizes leveraging a broad intellectual property portfolio, expanding product offerings and form factors, and building long‑term shareholder value through category leadership and disciplined execution.
22nd Century Group, Inc. (symbol XXII) is reported to have 713,994 shares of Common Stock outstanding as of August 14, 2026. A group consisting of Iroquois Capital Management LLC, Richard Abbe, and Kimberly Page has filed a Schedule 13G disclosing their beneficial ownership.
The group’s ownership includes 28,531 shares of Common Stock held directly by Iroquois Master Fund Ltd. and 42,293 shares held directly by Iroquois Capital Investment Group LLC, for a total of 70,824 shares that may be attributed to Richard Abbe (approximately 9.9% of the class). Iroquois Capital Management LLC and Kimberly Page each report beneficial ownership of 28,531 shares, or about 4.0% of the class. The reporting persons detail their sole and shared voting and dispositive powers and each disclaims beneficial ownership except to the extent of their pecuniary interest.
22nd Century Group, Inc. (XXII) has a significant shareholder disclosure from Jonathan Schechter on a Schedule 13G. Schechter reports beneficial ownership of 71,256 shares of common stock, representing 9.9% of the outstanding class, based on 713,994 shares outstanding as verified with the company on August 19, 2026. Of these, he reports 35,628 shares with sole voting and dispositive power and 35,628 shares with shared voting and dispositive power. This filing reflects a large but sub‑10% passive ownership position in the company.
22nd Century Group, Inc. (XXII) has a new beneficial ownership disclosure under Schedule 13G. The filing is made jointly by Joseph Reda and SEG Opportunity Fund, LLC, a New York limited liability company managed by Mr. Reda.
Joseph Reda reports beneficial ownership of 71,256 shares of common stock, representing 9.97% of 22nd Century Group's outstanding common stock, based on 713,994 shares outstanding as verified with the company on August 19, 2026. Of this amount, Mr. Reda has sole and shared voting and dispositive power over 35,628 shares each. SEG Opportunity Fund, LLC is the record and direct beneficial owner of 35,628 shares, representing 4.98% of the outstanding common stock, with shared voting and dispositive power over those shares.
The reporting persons state that the joint filing and related disclosures should not be construed as an admission that either is a beneficial owner of any securities for purposes of Section 13(d) or 13(g) or that they are acting as a group with respect to the issuer's securities.
22nd Century Group, Inc. reported continuing-operations revenues of $2.864 million for the quarter ended June 30, 2026, down 29.9% from $4.083 million a year earlier, and $6.970 million for the first six months, down 30.6%. Contract manufacturing of cigarettes and filtered cigars remains the main revenue source, with a high concentration in a few customers (Customer A accounted for 70.23% of second‑quarter revenue).
The company generated a quarterly gross loss of $0.293 million and a six‑month gross loss of $0.927 million, modestly improved versus 2025 due to manufacturing cost savings and a $692 excise‑tax recovery, partly offset by $196 of aged inventory write‑offs. Operating loss from continuing operations was $3.291 million for the quarter and $6.329 million year‑to‑date, with higher SG&A and R&D outpacing reduced interest expense.
Net loss was $6.607 million for the first six months, but net loss available to common shareholders was much larger at $32.527 million after $18.134 million of deemed dividends and preferred‑stock redemption dividends. Cash and cash equivalents were $6.058 million at June 30, 2026, with $7.092 million of operating cash burn in six months and an accumulated deficit of $405.532 million. Management states there is substantial doubt about the company’s ability to continue as a going concern over the next year. A July 1, 2026 notice from Smoker Friendly will end a major manufacturing agreement after 180 days and is expected to trigger a $300 impairment in the third quarter.
22nd Century Group, Inc. updates its resale registration covering up to 3,019,586 shares of common stock issuable upon exercise of outstanding warrants from a June 9, 2026 private placement. The company and all warrant holders agreed to amend the warrants to temporarily reduce the exercise price to $0.3675 until 11:59 p.m. EST on August 18, 2026, after which the exercise price reverts to its prior level, and to allow the warrants to be exercised on a cashless basis at any time. The shares may be offered and sold from time to time by the selling stockholders. The common stock trades on the Nasdaq Capital Market under the symbol XXII and closed at $4.11 per share on August 13, 2026.
22nd Century Group, Inc. has a significant shareholder group led by Anson Funds entities and related individuals that collectively report beneficial ownership of 34,565 shares of common stock. This represents 6.7% of the outstanding common stock, based on 516,328 shares outstanding as referenced in a June 26, 2026 prospectus supplement.
The Anson-related entities and individuals share both voting and dispositive power over these 34,565 shares through private funds they advise. No sole voting or dispositive power is reported for any of the listed reporting persons; all reported authority over the shares is shared among them through their roles with the advised funds.
22nd Century Group reported second quarter 2026 results focused on its VLN® reduced-nicotine cigarette strategy and expansion of the Pinnacle® brand. Net revenues were $2.9 million versus $4.1 million a year earlier, a 29.9% decline, primarily in contract manufacturing. Gross loss improved to $0.3 million from $0.6 million, but operating loss widened to $3.3 million from $3.0 million. Net loss from continuing operations was $3.3 million, and Adjusted EBITDA loss increased to $3.5 million from $2.6 million.
For the first half of 2026, net revenues were $7.0 million versus $10.0 million, with operating loss of $6.3 million. The company ended June 30, 2026 with $6.1 million in cash and cash equivalents, total assets of $26.2 million, and no outstanding debt, and is targeting expansion of VLN® distribution to approximately 5,000 retail outlets by year-end 2026.
22nd Century Group, Inc. held a 2026 Special Meeting of Stockholders on August 5, 2026. Stockholders voted on multiple matters, with one receiving 88,260 votes For and 31,224 Against, and another receiving 90,291 votes For and 28,954 Against, with small numbers of abstentions.
Three of the matters recorded 44,953 broker non-votes, while two matters showed no broker non-votes. Across all items, the tabulated results show more votes cast For than Against each matter, based on the reported vote counts.
22nd Century Group, Inc. reported that on July 1, 2026 it received a 180 day termination notice from Smoker Friendly International, LLC under their Master Services Agreement dated January 1, 2025. After this 180 day period, 22nd Century will no longer manufacture cigarette and cigar products for Smoker Friendly.
The termination was made under the Agreement’s termination for convenience clause, and 22nd Century states it will not incur any early termination penalties as a result of this change.