22nd Century Group (XXII) Announces 11.2M Share Offering at $0.47/sh
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22nd Century Announces $5.3 Million Registered Direct Offering Priced Above Market
June 20, 2023 7:00 AM EDTCompany Eliminates At-the-Market Offering Program
BUFFALO, N.Y., June 20, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced that it has entered into definitive agreements with certain investors for the purchase and sale of 11.2 million shares of common stock and warrants at a price of $0.47 per share in a registered direct offering priced above market. Gross proceeds to the Company from the registered direct offering... More
