YZi Labs Responds to CEA Industries’ Proposed Amendments to Asset Management Agreement
CEA Industries Inc. (BNC)
Company Research
Source: GlobeNewswire
Welcomes Long-Overdue Acknowledgment of Stockholder Concerns Calls for Recusal of 10X-Affiliated Directors from AMA Discussions and Full Public Disclosure of Proposed AMA Amendments Reaffirms the Importance of Board Independence and Protection of Stockholder Rights ROAD TOWN, British Virgin Islands, Feb. 23, 2026 (GLOBE NEWSWIRE) -- YZILabs Management Ltd. (“YZi Labs”, “YZi”, “we”), a significant stockholder of CEA Industries Inc. (NASDAQ: BNC) (“BNC” or the “Company”), today issued the below statement in response to the Company’s February 18, 2026 press release announcing that its Board of Directors (the “Board”) intends to pursue amendments to the Company’s Asset Management Agreement (the “AMA”) with 10X Capital Asset Management LLC (“10X”). Alex Odagiu, Investment Partner at YZi Labs, commented: “YZi Labs welcomes the Board’s damning admission that the AMA with 10X requires ‘lower management fees, a shorter term and a more favorable termination provision.’ These are precisel
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News
- YZi Labs Uncovers Disturbing Filing Evidence Suggesting Undisclosed 10X Ownership in CEA Industries; Demands Immediate SEC Disclosures to Bring Potential Shadow “Group” into the Light [Yahoo! Finance]Yahoo! Finance
- YZi Labs Uncovers Disturbing Filing Evidence Suggesting Undisclosed 10X Ownership in CEA Industries; Demands Immediate SEC Disclosures to Bring Potential Shadow “Group” into the LightGlobeNewswire
- CEA Industries CEO David Namdar Issues Letter to ShareholdersGlobeNewswire
- YZi Labs Urged to Disclose a Complete Copy of Secret Side Agreement, Which Remains Secret to this DayGlobeNewswire
- CEA Industries Board Advances Plan to Revise Asset Management DealGlobeNewswire
BNC
Sec Filings
- 3/2/26 - Form 4
- 3/2/26 - Form 3
- 3/2/26 - Form DFAN14A
- BNC's page on the SEC website