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22nd Century Stock Jumps 39% Pre-Market On $9.5 Million Insurance Settlement - 22nd Century Group (NASDAQ:XXII)
Benzinga· 2025-09-25 10:09
Shares 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 ...
Flow Capital Announces $1.5 Million of Follow-On Investments to a Fintech Company
Globenewswire· 2025-03-28 11:15
Core Insights - Flow Capital Corp. has made $1.5 million in follow-on investments to a Canadian fintech SaaS company over the last 6 months, bringing its total aggregate investment to $3.4 million [1][2] Investment Strategy - The additional funding aims to build on the existing momentum of the portfolio company, support cross-border expansion, and drive growth [2] - Flow Capital focuses on providing fast access to growth capital for high-growth SaaS companies, inviting them to apply for funding through their website [3] Company Overview - Flow Capital Corp. is a publicly listed growth venture debt lender established in 2018, dedicated to supporting high-growth companies in the U.S., U.K., and Canada [4] - The company provides financing ranging from $2 million to $10 million, enabling businesses to achieve accelerated growth without the dilutive impact of equity financing or the complexities of traditional bank loans [4]