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Stock Market & Financial Investment News

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February 11, 2014
07:24 EDTXXII22nd Century files for NYSE MKT listing, NASDAQ Capital Market listing
22nd Century announced that the company submitted documentation to the New York Stock Exchange and answered questions pursuant to an initial request letter as a first step toward filing a formal application for listing its common shares on NYSE MKT. The formal application will be submitted immediately after a committee at the NYSE reviews 22nd Century Group and issues a clearance letter for the company to proceed. The committee review is scheduled for February 20. The company believes it currently meets all eligibility requirements of NYSE MKT. 22nd Century Group also sent an application to NASDAQ for listing its common shares on The NASDAQ Capital Market. NASDAQ has put the application on hold until the companyís share price meets the minimum requirements of the exchange. With the exception of the minimum share price requirement, 22nd Century Group believes it currently meets all other eligibility requirements of The NASDAQ Capital Market. Upon the companyís share price achieving the minimum requirements, 22nd Century Groupís application will move forward.
News For XXII From The Last 14 Days
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February 3, 2016
09:17 EDTXXII22nd Century's VLN cigarettes viewed as public health tool in New Zealand
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09:02 EDTXXII22nd announces $5.5M registered direct offering
22nd Century Group has entered into an agreement with one existing institutional investor to receive $5.5 million in gross proceeds in a registered direct offering through the sale of common stock and warrants consisting of 5,000,000 shares of its common stock and 66-month warrants to purchase 2,500,000 shares of common stock at an exercise price of $1.21 per share. If the warrants are exercised for cash in full, the Company would receive additional gross proceeds of approximately $3.0 million. The offering is expected to close on or about February 5, 2016, subject to customary closing conditions, including approval of a NYSE MKT listing application. The net proceeds of the financing will be used for general corporate purposes, including working capital. Chardan Capital Markets, LLC acted as the sole placement agent for this transaction.

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