Assign exclusive U.S. commercialization rights to the IQOS system to Philip Morris International
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 20 Oct 2022
- Due
- 30 Apr 2024
- Delivered
- 30 Apr 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“assigning exclusive U.S. commercialization rights to the IQOS system effective April 30, 2024.”
What we found
Evidence strength A What the grades mean
Altria successfully assigned the exclusive U.S. commercialization rights for the IQOS system to Philip Morris International on the specified deadline of April 30, 2024.
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A Altria Group, Inc. 10-Q filed 2024-07-31
“On April 30, 2024, we assigned the exclusive U.S. commercialization rights to the IQOS Tobacco Heating System (“IQOS System”) to Philip Morris International Inc. (“PMI”)” ✓ confirmed on the page
Market reaction: the shares moved +2.7% against the S&P 500 over the three sessions around the disclosure (30 Jul 2024 to 2 Aug 2024). What this measures
Checked 3 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Assign
- Deliverable
- U.S. commercialization rights to the IQOS system
- Where
- U.S.
- In the company’s control
- High
- Specificity
- High
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-MO-004520 · Corrections policy