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GlobeNewsWire
7 days ago
YZi Labs Responds to CEA Industries' Proposed Amendments to Asset Management Agreement
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”).