22nd Century Group, Inc. 8-K

What Happened 22nd Century Group, Inc. (NASDAQ: XXII) announced a 1-for-15 reverse stock split of its common stock, effected by a Certificate of Amendment filed in Nevada on January 22, 2026. The reverse split becomes effective at 12:01 a.m. Eastern Time on January 26, 2026 and will be reflected in trading at the market open on January 26, 2026. The split was implemented to enable the company to promptly restore compliance with NASDAQ Capital Market listing standards.

Key Details

• Reverse split ratio: 1-for-15 (each 15 pre-split shares → 1 post-split share).
• Outstanding shares: 7,652,661 before the split; approximately 510,177 after the split (subject to rounding).
• Trading: Symbol remains "XXII"; new CUSIP: 90137F608. Effective trading date: January 26, 2026.
• Fractions: No fractional shares will be issued or cash paid; holders who would otherwise receive fractional shares will receive one whole post-split share. Options, warrants and Series A preferred shares will be adjusted accordingly.
• Authorized shares and par value: Authorized common shares remain 500,000,000; par value unchanged. Stockholder approval was obtained as required under Nevada law.

Why It Matters A reverse stock split reduces the number of shares outstanding and raises the trading price per share proportionally; 22nd Century says the move is aimed solely at regaining compliance with NASDAQ listing rules. For existing shareholders, percentage ownership and voting power should remain virtually unchanged aside from minor rounding effects. Investors should note the new CUSIP and the effective date for trading adjustments; no action is needed for shares held electronically with brokers.