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XXII

22nd Century Group, Inc. · NASDAQ · Consumer Defensive

Price$2.29-6.53% · −$0.16

Market cap790.33KEquity value

P / E-0.1Trailing ratio

Volume20.8KLatest session

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XXIIDec 13, 2024-33.20% since signal

22nd Century Announces 1-for-135 Reverse Stock Split

XXII will implement a 1-for-135 reverse stock split effective December 17, 2024. The split aims to meet Nasdaq's $1.00 minimum bid price requirement. CEO Lawrence Firestone highlights significant operational improvements since his joining. XXII plans to activate its VLN strategy for reduced nicotine consumption. EBITDA profitability is projected as early as Q1 2025.

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