22nd Century Group Amends Preferred Stock Bylaws

Reuters12-18 05:59

<a href="https://laohu8.com/S/XXII">22nd Century</a> Group Amends Preferred Stock Bylaws

22nd Century Group Inc. announced amendments to its bylaws, including changes related to its Series A Convertible Preferred Stock. The company will seek stockholder approval for a reverse stock split to comply with Nasdaq listing requirements and for an offering of up to $20 million in securities. Additional amendments impact the sale of shares under the ATM Facility, adjust conversion price conditions, and introduce anti-dilution protections for warrant holders, all subject to stockholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 22nd Century Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-028191), on December 17, 2025, and is solely responsible for the information contained therein.

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