---
schema_version: "secwatch.filing_event.v1"
accession: "0001482541-26-000010"
form_type: "8-K"
ticker: "BNC"
cik: "0001482541"
company_name: "CEA Industries Inc."
filed_at: "2026-05-29T20:10:15+00:00"
generated_at: "2026-05-29T20:11:11.504389+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001482541-26-000010
- form_type: 8-K
- ticker: BNC
- cik: 0001482541
- company_name: CEA Industries Inc.
- filed_at: 2026-05-29T20:10:15+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482541/000148254126000010/0001482541-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482541/000148254126000010/bnc-20260522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482541-26-000010
- JSON: https://secwatch.observer/filing/0001482541-26-000010.json
- Plain text: https://secwatch.observer/filing/0001482541-26-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.