Business Context and Reporting Period
This Form 8-K filing by 22nd Century Group, Inc. reports a corporate governance event dated December 30, 2019. The company is incorporated in Nevada and its common stock trades on the NYSE American under the symbol "XXII".
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
The material change reported is the resignation of a senior officer:
- Thomas L. James resigned as Vice President, General Counsel, and Secretary.
- The resignation is effective 30 days after the notice date (approximately late January 2020).
- The departure is attributed to personal and family reasons.
- Management confirmed the resignation is not the result of any disagreement with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, outlook, management commentary on financial performance, or specific risk factors beyond the personnel change. No unusual items or contingencies were disclosed in this report.
Investor Verification Checklist
- Verify the appointment of a successor to fill the roles of Vice President, General Counsel, and Secretary.
- Confirm the exact effective date of the resignation in subsequent filings or press releases.
- Review the company's most recent 10-K or 10-Q for current financial health, as this 8-K contains no financial data.