SCHEDULE 13G: Anson Funds Management LP Discloses 7.4% Passive Stake in 22nd Century Group, Inc.

Sentiment:

Beneficial Ownership Disclosure


Anson Funds Management LP and its affiliates have disclosed a passive beneficial ownership of 7.4% of 22nd Century Group, Inc.'s common stock as of March 31, 2025.

Summary

  • Anson Funds Management LP, Anson Management GP LLC, Mr. Tony Moore, Anson Advisors Inc., Mr. Amin Nathoo, and Mr. Moez Kassam collectively reported beneficial ownership of 176,094 shares of 22nd Century Group, Inc. Common Stock.
  • This aggregate amount represents 7.4% of the outstanding shares of Common Stock of 22nd Century Group, Inc.
  • The percentage is calculated based on 2,369,552 Common Stock shares issued and outstanding, as reported in the Issuer's Annual Report on Form 10-K/A filed on April 30, 2025.
  • The filing is a Schedule 13G, indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Positives

  • Increased transparency regarding institutional ownership of 22nd Century Group, Inc.

Negatives

  • No specific negative implications for the issuer are disclosed in this beneficial ownership filing.

Risks

  • No specific risks related to the issuer's operations or financial health are disclosed in this beneficial ownership filing.

Management Comments

  • The reporting persons certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a standard disclosure of passive beneficial ownership and does not provide specific insights into broader industry trends or competitive dynamics for 22nd Century Group, Inc.

Stakeholder Impact

  • Provides transparency to shareholders regarding significant institutional holdings.
  • No direct operational or strategic impact on employees, customers, suppliers, or creditors is indicated by this passive ownership filing.

Key Dates

DateDescription
03/31/2025Date of event which requires the filing of this statement (beneficial ownership threshold crossed).
04/30/2025Date of Issuer's Annual Report on Form 10-K/A, which reported the number of outstanding Common Stock shares used for calculation.
05/15/2025Date of filing of this Schedule 13G statement.

Keywords

22nd Century Group, Inc., XXII, Anson Funds Management LP, Schedule 13G, beneficial ownership, institutional investment, common stock, SEC filing

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