22nd Century Group (XXII) Prices 779K Share Offering at $3.80/sh
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22nd Century Announces $3.0 Million Registered Direct Offering Priced Above Market
July 6, 2023 9:25 AM EDTBUFFALO, N.Y., July 06, 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 778,634 shares of common stock and warrants at a price of $3.80 per share in a registered direct offering priced above market. Gross proceeds to the Company from the registered direct offering are expected to be $3.0 million, before deducting the... More
