22nd Century Group, Inc.Inducement Offer Agreement • November 29th, 2023 • 22nd Century Group, Inc. • Cigarettes
Contract Type FiledNovember 29th, 2023 Company Industry22nd Century Group, Inc. (the “Company”) is pleased pursuant to this letter agreement (this “Agreement”) to offer to you the opportunity to exercise all or part of: (i) the common stock purchase warrants of the Company issued to you on or about June 22, 2023 (“June Warrants”); (ii) the common stock purchase warrants of the Company issued to you on or about July 10, 2023 (“July 10 Warrants”); (iii) the common stock purchase warrants of the Company issued to you on or about July 21, 2023 (“July 21 Warrants”); and/or (iv) the common stock purchase warrants of the Company issued to you on or about October 19, 2023 (“October Warrants”), each with an exercise price of $0.525 per share (June Warrants, July 10 Warrants, July 21 Warrants, and October Warrants, collectively, the “Existing Warrants”), set forth on the signature page hereto, which are currently held by you (the “Holder”). The Existing Warrants and all of the shares of common stock, par value $0.00001 per share, of the Company (the