SCHEDULE 13G: Jonathan Schechter Discloses 7.0% Beneficial Ownership in 22nd Century Group, Inc.
Beneficial Ownership Report
Jonathan Schechter has filed a Schedule 13G, disclosing a beneficial ownership of 7.0% of 22nd Century Group, Inc.'s common stock.
Summary
- Jonathan Schechter beneficially owns an aggregate of 534,941 shares of 22nd Century Group, Inc. common stock.
- This ownership represents 7.0% of the issuer's outstanding common stock.
- The percentage is calculated based on 7,605,807 shares of Common Stock outstanding as verified with the Issuer on May 22, 2025.
- Mr. Schechter holds sole voting and dispositive power over 134,318 shares.
- He holds shared voting and dispositive power over 400,623 shares.
- The filing certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 6
Explanation: The filing indicates a significant beneficial ownership stake by an individual investor, which can be viewed as a neutral to slightly positive signal of investor confidence, especially given the certification that the stake is not for control purposes.
Positives
- The disclosure of a significant individual investor taking a 7.0% stake in the company could be interpreted as a sign of investor confidence.
Negatives
- No specific negative information about the company's operations or financial health is disclosed in this filing.
Risks
- NA
Future Outlook
The document does not contain any forward-looking statements or guidance from the company.
Industry Context
This Schedule 13G filing is a disclosure of beneficial ownership by an individual investor and does not provide information related to broader industry trends or competitors.
Stakeholder Impact
- Shareholders: Disclosure of a significant individual shareholder provides transparency regarding the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of event which requires filing of this statement |
| 05/22/2025 | Date 7,605,807 shares of Common Stock outstanding were verified with the Issuer |
| 05/28/2025 | Date of signature for the Schedule 13G filing |
Keywords
22nd Century Group, Jonathan Schechter, Schedule 13G, beneficial ownership, common stock, SEC filing, investor disclosure
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