Company: XXII
Filing Date: 2025-02-05
Form Type: S-3/A
Source: 0001493152-25-005039
Chunk: 9

Company: 22nd Century Group, Inc.
Filing Date: 2025-02-05
Form: S-3/A
Chunk 9
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 of preferred stock.

| 2 |

The effects of issuing preferred stock could include one or more of the following:

| ● | decreasing                                                                               
 the amount of earnings and assets available for distribution to holders of common stock; |

| ● | restricting                    
 dividends on the common stock; |

| ● | diluting                              
 the voting power of the common stock; |

| ● | impairing                                      
 the liquidation rights of the common stock; or |

| ● | delaying,                                                     
 deferring or preventing changes in our control or management. |

As of the date of this prospectus, there were no shares of preferred stock outstanding.

Stock Options and Restricted Stock

As of January 30, 2025, we had no outstanding options to purchase shares of common stock and no shares of unvested restricted stock or restricted stock units. As of January 30, 2025, an additional 5,336,670 shares of common stock were available for future award grants under our stock incentive plan.

Outstanding Warrants

As of January 30, 2025, there were 8,519 pre-funded warrants and shares of common stock issuable upon the exercise of warrants as follows:

| Offering                                              |     | Number of 
 Warrants  |           |     | Issue    
 Date     
 Exercise 
 Price    |           |     | Current  
 Exercise 
 Price(1) |           |       |     | Expiration Date |                   |   |
|:------------------------------------------------------|:----|:----------|----------:|:----|:---------|----------:|:----|:---------|----------:|------:|:----|:----------------|:------------------|:--|
| Pre-funded warrants                                   |     |           |     8,519 |     | $        |   0.00001 |     | $        |   0.00001 |       |     |                 | N/A               |   |
| July 2022 RDO warrants                                |     |           |        32 |     | $        | 66,420.00 |     | $        | 66,420.00 |       |     |                 | July 25, 2027     |   |
| Senior Secured Credit Facility - JGB                  |     |           |       154 |     | $        | 41,310.00 |     | $        | 27,708.00 |       |     |                 | September 3, 2028 |   |