Company: XXII
Filing Date: 2025-06-24
Form Type: 8-K
Source: 0001641172-25-016229
Chunk: 0

Company: 22nd Century Group, Inc.
Filing Date: 2025-06-24
Form: 8-K
Item: Item 1.01
Chunk 0
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Item      Entry                                  

On
June 23, 2025, 22nd Century Group, Inc. (the “ Company”) entered into a Master Services Agreement along with product specific
addendums (collectively, the “ Agreement’) with an existing customer (“ Customer”). Pursuant to the Agreement,
the Company will be the exclusive manufacturer of Customer’s Pinnacle cigarette and moist snuff brands for a period of five (5)
years. The Agreement includes four (4) Pinnacle cigarette brands currently sold in their network of retail stores and dealers in the
United States, plus up to three (3) new Pinnacle SKUs in the low nicotine category, two (2) new Pinnacle naturals style brands and two
(2) moist snuff products. The Company will pay Customer a royalty for each carton of cigarettes manufactured and sold to distributors
subject to certain exceptions.

The
Company and Customer were previously parties to a Supply Agreement solely for the production of the cigarette styles currently sold in
stores.

The
foregoing summary of the terms of the Agreement is subject to, and qualified in its entirety by the Agreement, which will be filed as
an exhibit to the Company’s Annual Report on Form 10-K.