---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-027818"
form_type: "8-K"
ticker: "BNC"
cik: "0001482541"
company_name: "CEA Industries Inc."
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:02:11.747560+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# CEA Industries (BNC) posts Q2 FY2026 net income of $283.6M, EPS $5.36, closes $500M private placement

## Summary
- Net income of $283.6M, EPS $5.36; includes $206.8M gain on change in fair value of warrant liability.
- Closed $500M private placement on Aug 5, 2025; potential up to $1.25B if all warrants exercised.
- Accumulated over 500,000 BNB tokens; launched investor dashboard for real-time digital asset holdings visibility.
- Board added three independent directors; announced $250M share repurchase program, repurchased 1.8M shares for $11.3M.

## SEC filing metadata
- accession: 0001493152-25-027818
- form_type: 8-K
- ticker: BNC
- cik: 0001482541
- company_name: CEA Industries Inc.
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482541/000149315225027818/0001493152-25-027818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482541/000149315225027818/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-027818
- JSON: https://secwatch.observer/filing/0001493152-25-027818.json
- Plain text: https://secwatch.observer/filing/0001493152-25-027818.txt

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