Joseph Reda reports 9.97% stake in 22nd Century
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.
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Rhea-AI Filing Summary
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.
Key Figures
Key Terms
Schedule 13G regulatory
beneficial owner financial
dispositive power financial
member of a group regulatory
FAQ
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What percentage of 22nd Century Group (XXII) does Joseph Reda report owning in this Schedule 13G?
Do the reporting persons admit to being a group with respect to 22nd Century Group (XXII) stock?
Who are the reporting persons in this Schedule 13G for 22nd Century Group (XXII)?
AI-generated analysis. How Rhea-AI works. Not financial advice.