22nd Century (XXII) - 2025 Q4 - Annual Results
22nd Century 22nd Century (US:XXII)2026-03-26 12:02

Financial Results - The Company issued a preliminary earnings release for Q4 and the year ended December 31, 2025, on February 20, 2026[5]. - The preliminary financial results for Q4 and the year ended December 31, 2025, were also issued on February 20, 2026[13]. Stockholder Meeting Proposals - A Special Meeting of Stockholders was held on February 20, 2026, where several proposals were approved, including a reverse stock split of common stock at a ratio between 1-for-2 and 1-for-200[7]. - Proposal One received 2,289,125 votes in favor, with 685,715 against, and 6,968 abstentions[8]. - Proposal Two, concerning the Series A Convertible Preferred Stock, was approved with 1,181,533 votes for and 363,604 against[9]. - Proposal Three, to amend 10,028,302 outstanding warrants to add anti-dilution provisions, was approved with 1,323,470 votes for[10]. - Proposal Four, regarding a potential future offering, received 1,200,623 votes in favor[11]. - Proposal Five, to approve an adjournment of the Special Meeting if necessary, was approved with 2,354,898 votes for[12].

22nd Century (XXII) - 2025 Q4 - Annual Results - Reportify