On Wednesday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), SUBTRACT -0.48% and closed at $4.16 in the last trading session. The last trading range of the stock ranges between $4.16 and $4.19. SiriusXM recently declared that David Frear, Senior Executive Vice President and Chief Financial Officer, is planned to speak at FBR’s Shareholder Conference on Thursday, October 6, at about 11:15 am ET.
Silver Wheaton Corp. (USA) (NYSE:SLW), DROPPED -1.36% and closed at $23.24 in the last trading session. The last trading range of the stock ranges between $22.69 and $23.92. The company’s Market capitalization is $9.20 Billion with the total Outstanding Shares of 440.99 Million. Silver Wheaton Corp. operates as a precious metals streaming company worldwide. It has 19 long-term purchase agreements and 1 early deposit long-term purchase agreement associated with silver and gold regardingvarious 29 mining assets.
22nd Century Group Inc (NYSEMKT:XXII), LOST -7.79% and closed at $1.42 in the last trading session. The last trading range of the stock ranges between $1.14 and $1.62. During the 52-week trading session the minimum price at which share price traded, registered at $0.71 and reached to max level of $1.75. 22nd Century Group, Inc. (NYSE MKT: XXII), a plant biotechnology company that is a leader in tobacco harm reduction, declared recently that warrants formerly issued by the Company to Crede CG III, Ltd. to purchase an aggregate of 2,250,000 shares of common stock of the Company expired on September 29, 2016, which resulted in a decrease of about 19.1% of the total number of shares of Company common stock purchasable by warrants. Further, as formerly stated, two separate Crede Warrants to purchase an aggregate of 2,000,000 additional shares of the Company’s common stock will expire without exercise because of Crede’s non-performance in a prior joint venture with the Company.
On September 29, 2014, the Company issued to Crede the now-expired Tranche 1A Warrant to purchase 1,250,000 shares of Company common stock at an exercise price of $3.36 per share and the now-expired Tranche 1B Warrant to purchase 1,000,000 shares of Company common stock at an exercise price of $2.5951 per share following the terms of a now-expired consulting agreement and subsequently terminated joint venture agreement with Crede. As formerly revealed, the Company remains in litigation with Crede in the United States District Court for the Southern District of New York (“SDNY”) regarding Crede’s claim for the issuance of shares of the Company’s common stock under an exchange provision of the Tranche 1A Warrant. On June 14, 2016, after hearing evidence on Crede’s claim, the SDNY Court denied Crede’s request for preliminary relief in the case to allow Crede to exercise its exchange rights, with the SDNY Court determining, among other things, that Crede had not proven a reasonable likelihood that it will prevail on its claims under the Tranche 1A Warrant. In addition, the Company has filed motions to dismiss certain of Crede’s claims and to transfer certain claims to the United States District Court for the Western District of New York located in Buffalo, where the Company’s headquarters are located. The Company intends to continue to vigorously defend itself in this case and is confident that it will prevail against Crede. If the case continues, the Company also intends to file counterclaims against Crede, against its principal, Terren Peizer, and against several Peizer associates, personally.