BNB treasury company CEA Industries (NASDAQ: BNC) responded to YZi Labs' statement, saying that since the PIPE financing in July, BNC has never considered choosing other tokens for the company's digital asset reserve strategy, nor has it initiated a competitive DAT project. As of December 4, 2025, the company held 515,554 BNB tokens with a market capitalization of approximately $464.60 million. YZi's press release came two days after it filed a preliminary consent statement proposing to expand and restructure the board of directors.
At present, the board of directors of the company is composed of a majority of independent directors, meeting the requirements of Nasdaq rules, and the directors have the knowledge and experience required to effectively oversee the company's operations and create value for shareholders. The company values shareholder input and always welcomes feedback and constructive suggestions for improvement. The board of directors of the company has contacted YZi directly to establish an open dialogue channel on YZi's concerns and potential solutions, and to review the issues raised by YZi. At this time, no action is required by shareholders.
YZi Labs, which is seeking to expand the board of directors of BNB treasury company CEA Industries to improve strategy execution and supervision, has issued a rectification notice to 10X Capital, warning CEA Industries shareholders of its "disruptive behavior".
CEA Industries Responds to YZi Labs: Reaffirms Commitment to BNB's Treasury Strategy
2025-12-05 12:44:21
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