22nd Century Group Secures Improved Terms

22nd Century Group Secures Improved Terms

Biotech firm 22nd Century Group has reported revised terms for their divestiture of cannabinoid related interests.  Since Fastmarkets reported on this last week, 22nd Century Group was able to secure improved terms for the sale to Nevada-based Specialty Acquisition Corporation after consent by one of 22nd Century Group’s senior lenders.

The updated terms include a cash payment of $1.1 million from Specialty Acquisition Corporation

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

01.06.2025

SkyNRG Washington SAF plant to receive $1.5 million planning grant

SkyNRG Washington SAF plant to receive $1.5 million planning grant

The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...

01.06.2025

Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases

Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases

The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.

01.06.2025

Potential January ILA port strike weighs on market sentiment

Potential January ILA port strike weighs on market sentiment

US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.

A January 15 deadline is set for the International Longshoremen’s...

Latest Tweets