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22nd Century ( (XXII) ) has provided an update.
On July 15, 2025, 22nd Century Group, Inc. held its 2025 Annual Meeting of Stockholders, where several key proposals were approved. These included the election of two Class II directors, an increase in authorized shares of common stock to 500 million, amendments to the 2021 Omnibus Incentive Plan, and the appointment of Freed Maxick CPAs, P.C. as the company’s independent accountants for 2025. Additionally, stockholders approved measures related to executive compensation, reverse stock split, issuance of shares upon exercise of warrants, and amendments to convertible debentures, aligning with Nasdaq Listing Rules.
Spark’s Take on XXII Stock
According to Spark, TipRanks’ AI Analyst, XXII is a Neutral.
The overall stock score is primarily impacted by weak financial performance and bearish technical indicators, which overshadow positive developments from the latest earnings call. Financial instability and technical weakness are significant concerns.
To see Spark’s full report on XXII stock, click here.
More about 22nd Century
Average Trading Volume: 58,591
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.09M
See more insights into XXII stock on TipRanks’ Stock Analysis page.