22nd Century Stock Jumps 39% Pre-Market On $9.5 Million Insurance Settlement - 22nd Century Group (NASDAQ:XXII)
22nd Century (US:XXII) Benzingaยท2025-09-25 10:09Shares of 22nd Century Group Inc. XXII jumped 39.07% in pre-market trading, reaching $2.10, after the company revealed it had secured a $9.5 million insurance settlement. This agreement resolves all business interruption claims tied to the Grass Valley incident that occurred in November 2022.Check out the current price of XXII stock here.Company Achieves Debt-Free StatusThe settlement marks a significant turning point for the tobacco products company, which is now free of debt. CEO Larry Firestone said, "We ...