22nd Century Group Inc (XXII)

[Justfactsmam]

As a reminder:

""22nd Century Group’s warrant exchange includes inducements for certain warrant classes and will be COMPLETED BY 5:00 p.m., EST, ON THURSDAY, DECEMBER 12, 2013. 22nd Century Group EXPECTS TO SUBMIT ITS APPLICATION TO NASDAQ AND THE NYSE in JANUARY 2014, with the goal of UP-LISTING AS QUICKLY AS POSSIBLE. As of October 31, 2013, 22nd Century Group had total assets of approximately $9.4 million, including approximately $6.5 million in cash and only $700 thousand in current liabilities. The company’s only long-term liability is its derivative warrant liability, which the company expects will be significantly reduced through this warrant exchange."