Company: XXII
Filing Date: 2025-01-13
Form Type: 8-K
Source: 0001104659-25-002973
Chunk: 0

Company: 22nd Century Group, Inc.
Filing Date: 2025-01-13
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01      Other Events.  

Reset of Conversion
Price in Senior Secured Credit Facility

As
previously disclosed, on October 9, 2024, 22nd Century Group, Inc. (the “ Company”) entered into that certain Letter Agreement
to modify the terms of the Securities Purchase Agrement dated March 3, 2023 (the “ JGB SPA”) and debentures (the “ Debentures”),
as amended, withJGB Partners, LP (“JGB Partners”),
JGB Capital, LP (“JGB Capital”) and JGB Capital Offshore Ltd. (“JGB
Offshore” and collectively with JGB Partners and JGB Capital, the “Holders”)
and JGB Collateral, LLC, as collateral agent for the Holders (the “Agent”).