22nd Century Announces Plan to Eliminate Its Senior Secured Debt [Yahoo! Finance]
22nd Century Group, Inc (XXII)
NASDAQ:AMEX Investor Relations:
xxiicentury.com
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Source: Yahoo! Finance
Mocksville, North Carolina--(Newsfile Corp. - April 8, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction, today announced that it has entered into a binding letter of agreement with its senior secured lender, intended to eliminate all of its senior secured debt through potential debt for equity exchanges. Additionally, the Company has entered into separate definitive agreements for the purchase of common stock and warrants. The Company also announced the appointment of Daniel Otto as Chief Financial Officer, and Jonathan Staffeldt as General Counsel, effective April 6, 2024. Both are currently employed at 22nd Century Group, Otto as Corporate Controller and Staffeldt as Vice President and Deputy General Counsel. R. Hugh Kinsman, the Company's current Chief Financial Officer, will leave the Company effective June 1, 2024. Said Larry Firestone, Chairman and CEO: "We are putting 22nd Century back on a path to growth, and e
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News
- 22nd Century Eliminates $5.2 Million of Debt in Above-Market Equity Transaction [Yahoo! Finance]Yahoo! Finance
- Keynotes, Educational Panels and 96 Companies to Present at the Planet MicroCap Showcase: VEGAS on April 30 - May 2, 2024 at the Paris Hotel & Casino in Las Vegas, NVAccesswire
- 22nd Century Group to Participate in the Planet MicroCap Showcase on May 1-2, 2024 [Yahoo! Finance]Yahoo! Finance
- 22nd Century Group Expands CMO Business with New Pinnacle Brand Cigarillo Products [Yahoo! Finance]Yahoo! Finance
- 22nd Century Group (XXII) Signs Large New CMO Customer [Yahoo! Finance]Yahoo! Finance
XXII
Earnings
- 3/28/24 - Beat
XXII
Sec Filings
- 5/1/24 - Form S-3
- 4/30/24 - Form 8-K
- 4/29/24 - Form DEF
- XXII's page on the SEC website