Form 8-K 22nd Century Group, Inc. For: Jun 03
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22nd Century Group (XXII) Receives Nasdaq Non-compliance Notice
June 4, 2024 5:05 PM EDTAs previously disclosed, on April 4, 2024, 22nd Century Group (NASDAQ: XXII) received a letter from Nasdaq Stock Market LLC (Nasdaq) indicating that it was not in compliance with Nasdaq Listing Rule 5550(b)(1), because (i) the stockholders equity (deficit) of the Company of ($8,410,000) as of December 31, 2023, as reported in the Companys Annual Report on Form 10-K for the year ended December 31, 2023, was below the minimum stockholders equity requirement of $2,500,000 and (ii) the Company did not, as of April 3, 2024, meet the alternatives standards... More
