22nd Century raises $1.68M via Reg A offering, amends JGB debenture terms

22nd Century Group, Inc.

Issued 2.95M shares at $0.57/share for $1.68M gross proceeds under Reg A; total sold 3.62M shares.
Private placement of 2.596M warrants at $0.00001 each, exercisable at $1.00/share for 5 years.
JGB amendment: suspends 20% equity payout through Dec 2024; limits monthly redemption to 50% through July 2025.
Amendment fee of $746K added to debenture principal under letter agreement with JGB.
Potential to raise up to ~$3.9M additional on same terms; no current agreements for further sales.

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