22nd Century Group, Inc.
Sector: CigarettesIndustry: TobaccoCountry: USExchange: Nasdaq
DilutionScan read 45 of 22nd Century Group, Inc.'s SEC filings and found 8 warrant series, 4 convertibles, 1 ATM program, 9 shelf registrations and 5 completed offerings on file for XXII. The latest dilution event on file is ATM sales on Oct 23, 2026. Analysis updated Nov 3, 2026.
Signal8 Summary
XXII
Going-concern warning from auditors
Snapshot
XXII is a distressed micro-cap struggling to maintain its Nasdaq listing. FY 2025 revenue fell 40.7% to $7.0M while gross profit was negative at $3.1M, meaning it costs more to produce the tobacco products than the company earns from selling them.
What's Happening Right Now
- : Reported Q2 2026 net revenue of $2.9 million, down 30% year-over-year, with a net loss of $3.3 million.
- : Appointed Katherine Rouse-Bailey as Vice President of Marketing to strengthen VLN brand awareness and drive retail sell-through.