22nd Century holders cut reported stake to 0%
22nd Century Group, Inc. received an amended Schedule 13G filing showing that former reporting holders Joseph Reda and SEG Opportunity Fund, LLC now report 0 shares of common stock beneficially owned, representing 0.0% of the class.
Rhea-AI Filing Summary
22nd Century Group, Inc. received an amended Schedule 13G filing showing that former reporting holders Joseph Reda and SEG Opportunity Fund, LLC now report 0 shares of common stock beneficially owned, representing 0.0% of the class.
Both parties report no sole or shared voting or dispositive power over any shares and certify that the securities previously reported were not acquired or held to change or influence control of the company. The amendment formally reflects their status as owning 5% or less of the outstanding common stock.
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Insights
Key former holders now report zero beneficial ownership in XXII.
The filing shows Joseph Reda and SEG Opportunity Fund, LLC reducing their reported beneficial ownership in 22nd Century Group common stock to 0 shares, or 0.0% of the class. They also report no voting or dispositive power over any shares.
This type of Schedule 13G/A update is a compliance step that formally records their exit from reportable ownership status. Actual market impact depends on when prior sales occurred, which is not detailed here. The filing mainly updates public records of significant-holder positions as of 02/13/2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Schedule 13G/A filing for 22nd Century Group (XXII) show?
Who are the reporting persons in the 22nd Century Group (XXII) Schedule 13G/A?
Does the 22nd Century Group (XXII) Schedule 13G/A indicate control intentions?
What is SEG Opportunity Fund, LLC’s role in the 22nd Century Group (XXII) filing?
Why do the 22nd Century Group (XXII) filers disclaim certain beneficial ownership status?
AI-generated analysis. How Rhea-AI works. Not financial advice.