---
schema_version: "secwatch.filing_event.v1"
accession: "0001482541-26-000021"
form_type: "8-K"
ticker: "BNC"
cik: "0001482541"
company_name: "CEA Industries Inc."
filed_at: "2026-06-23T20:40:34+00:00"
generated_at: "2026-06-23T20:42:13.863761+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEA Industries posts FY2026 net income $115.2M; holds 515,544 BNB tokens valued at $317M

## Summary
- Net income of $115.2M ($2.52 diluted EPS); non-cash gain of $282.9M on warrant liabilities offset $130.3M unrealized loss on digital assets.
- Holds 515,544 BNB (487,956 unrestricted) with fair value $319.6M; $7.9M airdrop income generated within Binance ecosystem.
- Entered $10M USDC loan secured by $17M BNB post year-end to support liquidity; repurchased 1.43M shares for $3.8M.
- Filed complaint in Delaware to void Asset Management Agreement and recover fees after failed renegotiation.
- All board committees reconstituted with independent directors; Brent Miller appointed CFO.

## SEC filing metadata
- accession: 0001482541-26-000021
- form_type: 8-K
- ticker: BNC
- cik: 0001482541
- company_name: CEA Industries Inc.
- filed_at: 2026-06-23T20:40:34+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482541/000148254126000021/0001482541-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482541/000148254126000021/bnc-20260623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482541-26-000021
- JSON: https://secwatch.observer/filing/0001482541-26-000021.json
- Plain text: https://secwatch.observer/filing/0001482541-26-000021.txt

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