22nd Century Group (XXII) Regains Nasdaq Compliance
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22nd Century Regains Compliance with Nasdaq Stockholders' Equity Requirement
October 8, 2024 8:02 AM EDTMocksville, North Carolina--(Newsfile Corp. - October 8, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company that is leading the fight against nicotine and believes smokers should have a choice about their nicotine consumption, today announced that it has received formal written notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum stockholders' equity requirement as set forth in Nasdaq Listing Rule 5550(b)(1) (the "Equity Rule").
This confirmation follows the Company's successful efforts to improve its balance sheet and liquidity by completing new equity offerings,... More
