According to CoinWorld on December 5, BNB Treasury company CEA Industries (NASDAQ: BNC) responded to the statement from YZi Labs, stating 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 launched any competing DAT projects. 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 the board of directors. Currently, the company’s board is majority independent, in compliance with NASDAQ requirements, and all directors possess the knowledge and experience necessary to effectively oversee company operations and create value for shareholders. The company values shareholder opinions and always welcomes feedback and constructive suggestions for improvement. The board has already contacted YZi directly to establish an open channel for dialogue regarding YZi’s concerns and potential solutions, and is reviewing the issues raised by YZi. At present, shareholders do not need to take any action.
Previous reports stated that YZi Labs is seeking to expand the size of BNB Treasury company CEA Industries’ board to improve strategic execution and regulatory oversight. YZi Labs issued a rectification notice to 10X Capital, warning CEA Industries shareholders of its “disruptive behavior.”
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CEA Industries responds to YZi Labs: Reaffirms commitment to BNB treasury strategy
According to CoinWorld on December 5, BNB Treasury company CEA Industries (NASDAQ: BNC) responded to the statement from YZi Labs, stating 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 launched any competing DAT projects. 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 the board of directors. Currently, the company’s board is majority independent, in compliance with NASDAQ requirements, and all directors possess the knowledge and experience necessary to effectively oversee company operations and create value for shareholders. The company values shareholder opinions and always welcomes feedback and constructive suggestions for improvement. The board has already contacted YZi directly to establish an open channel for dialogue regarding YZi’s concerns and potential solutions, and is reviewing the issues raised by YZi. At present, shareholders do not need to take any action.
Previous reports stated that YZi Labs is seeking to expand the size of BNB Treasury company CEA Industries’ board to improve strategic execution and regulatory oversight. YZi Labs issued a rectification notice to 10X Capital, warning CEA Industries shareholders of its “disruptive behavior.”