CEA Industries files suit against 10X Capital to void asset management agreement as unconscionable

CEA Industries Inc.

Filed complaint May 22, 2026 in Delaware District Court against 10X Capital LLC regarding August 5, 2025 Asset Management Agreement.
Seeks declaration AMA void ab initio as unconscionable, return of all fees paid since inception.
Alternatively, seeks ruling that liquidated damages clause accelerating ~20 years of future fees upon termination is unenforceable penalty.
Company had previously attempted to renegotiate AMA terms (including reduced fees, termination rights) but 10X did not agree.

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