22nd Century Group

22nd Century Group has entered into a warrant inducement agreement and is offering holders of existing warrants a cash exercise in exchange for new inducement warrants with a reduced exercise price; up to 5,345,591 common shares are affected and the company received approximately $462,800 in gross proceeds. In parallel, the company approved a 1-for-20 reverse stock split effective June 12, which will reduce outstanding shares from about 10.33 million to around 516,328. 22nd Century is under financial pressure after a nearly 100% decline over the past year, reported Q1 revenue of $4.1 million amid continuing losses, and announced the market launch of its reduced-nicotine cigarettes Pinnacle VLN in about 60 retail locations in California. » More on de.investing.com

22nd Century Group presented results for the quarter ended 31.03.2026 and reported a loss per share of $18.08 versus -$862,500 in the prior-year quarter. Revenue fell to $4.1 million, down 31.04% from $6.0 million a year earlier. » More on finanzen.net

22nd Century Group reduced net revenue to $3.6 million in Q4 2025 (down 10% versus Q3) but was able to cut gross loss and operating loss, improving profitability. The company will focus going forward on higher‑margin VLN branded products and reported $7.1 million in cash at year‑end with no long‑term debt. The stock recovered 3.43% in premarket trading. Management plans to double retail presence by the end of 2026 and expects sequential revenue growth beginning in Q2 2026, but sees risks from sales trends, competition and regulatory requirements. » More on de.investing.com