PANews reported on December 5th that, according to Globenewswire, BNB treasury company CEA Industries (NASDAQ: BNC) responded to YZi Labs' statement, saying that since its PIPE funding round in July, BNC has never considered choosing other tokens for its digital asset reserve strategy, nor has it launched a competing DAT project. As of December 4, 2025, the company holds 515,554 BNB tokens, with a market value of approximately $464.6 million. Two days before YZi issued its press release, it submitted a preliminary consent statement proposing to expand and restructure its board of directors. Currently, the company's board members are predominantly independent directors, meeting Nasdaq rules, and all directors possess the knowledge and experience needed to effectively oversee the company's operations and create value for shareholders. The company values shareholder opinions and always welcomes feedback and constructive suggestions for improvement. The company's board of directors has contacted YZi directly to establish an open dialogue channel regarding YZi's concerns and potential solutions, and to review the issues raised by YZi. At this time, shareholders do not need to take any action. Previously, YZi Labs sought to expand the board of directors of BNB's treasury company, CEA Industries, to improve strategy execution and oversight . YZi Labs also issued a notice of action to 10X Capital, warning CEA Industries shareholders of its "disruptive behavior."PANews reported on December 5th that, according to Globenewswire, BNB treasury company CEA Industries (NASDAQ: BNC) responded to YZi Labs' statement, saying that since its PIPE funding round in July, BNC has never considered choosing other tokens for its digital asset reserve strategy, nor has it launched a competing DAT project. As of December 4, 2025, the company holds 515,554 BNB tokens, with a market value of approximately $464.6 million. Two days before YZi issued its press release, it submitted a preliminary consent statement proposing to expand and restructure its board of directors. Currently, the company's board members are predominantly independent directors, meeting Nasdaq rules, and all directors possess the knowledge and experience needed to effectively oversee the company's operations and create value for shareholders. The company values shareholder opinions and always welcomes feedback and constructive suggestions for improvement. The company's board of directors has contacted YZi directly to establish an open dialogue channel regarding YZi's concerns and potential solutions, and to review the issues raised by YZi. At this time, shareholders do not need to take any action. Previously, YZi Labs sought to expand the board of directors of BNB's treasury company, CEA Industries, to improve strategy execution and oversight . YZi Labs also issued a notice of action to 10X Capital, warning CEA Industries shareholders of its "disruptive behavior."
CEA Industries responds to YZi Labs: Reaffirms commitment to BNB's treasury strategy
PANews reported on December 5th that, according to Globenewswire, BNB treasury company CEA Industries (NASDAQ: BNC) responded to YZi Labs' statement, saying that since its PIPE funding round in July, BNC has never considered choosing other tokens for its digital asset reserve strategy, nor has it launched a competing DAT project. As of December 4, 2025, the company holds 515,554 BNB tokens, with a market value of approximately $464.6 million. Two days before YZi issued its press release, it submitted a preliminary consent statement proposing to expand and restructure its board of directors. Currently, the company's board members are predominantly independent directors, meeting Nasdaq rules, and all directors possess the knowledge and experience needed to effectively oversee the company's operations and create value for shareholders. The company values shareholder opinions and always welcomes feedback and constructive suggestions for improvement. The company's board of directors has contacted YZi directly to establish an open dialogue channel regarding YZi's concerns and potential solutions, and to review the issues raised by YZi. At this time, shareholders do not need to take any action.
Previously, YZi Labs sought to expand the board of directors of BNB's treasury company, CEA Industries, to improve strategy execution and oversight . YZi Labs also issued a notice of action to 10X Capital, warning CEA Industries shareholders of its "disruptive behavior."
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