• 22nd Century Group launched a June 8, 2026 warrant inducement tied to 5,345,591 outstanding warrants with a $3.57 exercise price.
• Participating holders agreed to immediately exercise all existing warrants for cash.
• Company will issue new inducement warrants covering 100% of shares issued in the exercises, with a $0.46 exercise price.
• Inducement warrants become exercisable after stockholder approval, expire five years from that approval date.
• Registration statement for resale shares from inducement warrants targeted by June 30, 2026, with effectiveness sought within 45 days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 22nd Century Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-027838), on June 09, 2026, and is solely responsible for the information contained therein.