---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-045295"
form_type: "8-K"
ticker: "BNC"
cik: "0001482541"
company_name: "CEA Industries Inc."
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:15:34.911192+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEA Industries stockholders reject reverse stock split authorization at annual meeting

## Summary
- Proposal to authorize a reverse split (ratio up to 20:1) failed: 2,935,658 for, 1,231,295 against, 332,155 abstain.
- Five incumbent directors elected: Anthony K. McDonald, James R. Shipley, Nicholas J. Etten, Troy L. Reisner, Marion Mariathasan.
- Ratification of Sadler, Gibb & Associates as independent auditor for FY 2023 passed with 3,465,227 for votes.
- Adjournment proposal approved: 2,888,861 for, 1,234,346 against.

## SEC filing metadata
- accession: 0001493152-23-045295
- form_type: 8-K
- ticker: BNC
- cik: 0001482541
- company_name: CEA Industries Inc.
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482541/000149315223045295/0001493152-23-045295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482541/000149315223045295/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-045295
- JSON: https://secwatch.observer/filing/0001493152-23-045295.json
- Plain text: https://secwatch.observer/filing/0001493152-23-045295.txt

## Key facts
- Shareholder Votes
  CEA Industries Inc. shareholders approved Election of five incumbent directors at the 2023-12-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-12-18
  source text: Proposal 1 Shares For Shares Against Shares Withheld Broker Non-Votes Anthony K. McDonald 1,548,817 919,914 730,980 1,299,397 James R. Shipley 1,455,842 1,052,302 691,567 1,299,397 Nicholas J. Etten 1,430,571 1,078,619 690,521 1,299,397 Troy L. Reisner 1,524,945 984,119 690,647 1,299,397 Marion Mariathasan 1,550,318 958,723 690,670 1,299,397
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482541/000149315223045295/0001493152-23-045295-index.htm
- Shareholder Votes
  CEA Industries Inc. shareholders rejected Authorize Board to effect a reverse stock split of common stock with a ratio not less than two-for-one but not greater than twenty-for-one at the 2023-12-18 meeting.
  - Proposal: reverse split
  - Outcome: failed
  - Meeting: 2023-12-18
  source text: Proposal 3 Shares For Shares Against Shares Abstaining Broker Non-Votes authorize the Board, at its discretion, at any time until June 30, 2024, (i) to effect a reverse stock split of the common stock 2,935,658 1,231,295 332,155 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482541/000149315223045295/0001493152-23-045295-index.htm
- Shareholder Votes
  CEA Industries Inc. shareholders approved Adjournment of meeting at the 2023-12-18 meeting.
  - Outcome: passed
  - Meeting: 2023-12-18
  source text: Proposal 4 Shares For Shares Against Shares Abstaining Broker Non-Votes To an adjournment of the meeting of stockholders 2,888,861 1,234,346 375,901 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482541/000149315223045295/0001493152-23-045295-index.htm
- Shareholder Votes
  CEA Industries Inc. shareholders approved Ratification of the appointment of Sadler, Gibb & Associates, L.L.C. as independent registered public accounting firm for fiscal year ending December 31, 2022 at the 2023-12-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-12-18
  source text: Proposal 2 Shares For Shares Against Shares Abstaining Broker Non-Votes Ratification of the appointment of Sadler, Gibb & Associates, L.L.C. as our independent registered public accounting firm for the fiscal year ending December 31, 2022. 3,465,227 211,616 822,265 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482541/000149315223045295/0001493152-23-045295-index.htm

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