---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-014235"
form_type: "8-K"
ticker: "BNC"
cik: "0001482541"
company_name: "CEA Industries Inc."
filed_at: "2024-04-10T23:59:59+00:00"
generated_at: "2026-06-04T00:20:33.413378+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# CEA Industries receives Nasdaq delisting notice; shares to trade OTC Pink Sheets from April 18

## Summary
- Nasdaq will delist common stock and warrants effective April 18, 2024 due to failure to meet $1.00 minimum bid price.
- Securities will trade on OTC Pink Sheets under tickers 'CEA' and 'CEADW' starting April 18.
- Company continues to evaluate merger, acquisition, or dissolution alternatives; dissolution would require shareholder approval.
- Company does not intend to apply for OTCQX or OTCQB tiers at this time.

## SEC filing metadata
- accession: 0001493152-24-014235
- form_type: 8-K
- ticker: BNC
- cik: 0001482541
- company_name: CEA Industries Inc.
- filed_at: 2024-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482541/000149315224014235/0001493152-24-014235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482541/000149315224014235/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-014235
- JSON: https://secwatch.observer/filing/0001493152-24-014235.json
- Plain text: https://secwatch.observer/filing/0001493152-24-014235.txt

## Key facts
- Listing & Compliance Notices
  CEA Industries Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: closing bid price of the Company’s common stock for the 30 consecutive business day period between February 24, 2023, through April 6, 2023, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The notice indicated that the Company may submit an update to its existing plan to regain compliance with the Listing Rule no later than October 9, 2023, and, following receipt of the update, Nasdaq would consider granting an extension of 180 calendar days to regain compliance. On Octobe
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482541/000149315224014235/0001493152-24-014235-index.htm

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