SCHEDULE: Iroquois Capital Discloses 9.9% Stake in 22nd Century Group
Ownership Filing
Iroquois Capital Management LLC, along with Richard Abbe and Kimberly Page, has reported beneficial ownership of 9.9% of 22nd Century Group's common stock.
Summary
- Iroquois Capital Management LLC, Richard Abbe, and Kimberly Page have jointly filed a Schedule 13G, indicating their beneficial ownership of securities in 22nd Century Group.
- The filing reports an aggregate of 70,824 shares of Common Stock beneficially owned by the reporting persons.
- This ownership represents 9.9% of the class of securities.
- The shares are held through Iroquois Master Fund Ltd. (28,531 shares) and Iroquois Capital Investment Group LLC (42,293 shares).
- Richard Abbe is identified as having sole authority for investments made by Iroquois Capital Investment Group LLC and shares authority for Iroquois Master Fund Ltd.
- Kimberly Page shares investment authority for Iroquois Master Fund Ltd.
- The filing is made as of August 14, 2026, with the outstanding shares of Common Stock reported as 713,994 as of that date.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, primarily indicating a significant ownership stake by an investment firm without immediate strategic implications.
Positives
- Significant investment stake by Iroquois Capital Management, suggesting confidence in the company's potential.
- Clear disclosure of ownership, providing transparency to the market.
- The reporting persons are established entities/individuals in investment management.
Negatives
- The filing does not provide details on the investment strategy or future intentions beyond the disclosed ownership percentage.
- Potential for future market activity by the reporting persons, which could introduce volatility.
Risks
- Future actions by Iroquois Capital Management, Richard Abbe, or Kimberly Page could influence the stock price.
- The filing does not detail any specific risks associated with the investment itself.
Future Outlook
The filing does not contain forward-looking statements or specific guidance regarding future performance.
Management Comments
- Each of the Reporting Persons disclaim beneficial ownership of these shares, except to the extent of its, his or her pecuniary interest in such shares, if any.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes. This filing indicates a notable position in the biotechnology or agricultural technology sector, where 22nd Century Group operates, by an investment firm.
Stakeholder Impact
- Shareholders may see increased attention on the company due to the significant stake held by Iroquois Capital Management.
- The market may interpret this as a sign of institutional confidence, potentially influencing share price.
Next Steps
- Monitoring future filings from Iroquois Capital Management, Richard Abbe, and Kimberly Page for any changes in their ownership stake or strategic actions.
- Observing 22nd Century Group's performance and strategic announcements for potential impact from this significant shareholder.
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Date of event which requires filing of this statement; Date of outstanding shares reported. |
| 2026-08-24 | Date of signature for the filing and joint filing agreement. |
Recommendation
holdThe filing indicates a significant ownership stake, which is a positive signal of institutional interest. However, without further information on the reporting persons' intentions or the company's performance, a 'hold' recommendation is prudent, suggesting investors monitor further developments.
Keywords
Schedule 13G, Beneficial Ownership, Iroquois Capital Management, 22nd Century Group, Investment Stake, Common Stock, Richard Abbe, Kimberly Page
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.