8-K
filed May 8, 2025, 7:59 PM ET
ticker BNC
CIK 0001482541
M&A
confidence high
sentiment positive
materiality 0.70
CEA Industries provides Fat Panda acquisition update with preliminary 2024 financials; expects H1 2025 close
CEA Industries Inc.
- Fat Panda preliminary unaudited 2024 revenue CAD $38.5M (up 14% YoY) and net income CAD $1.2M (up 126% YoY).
- Adjusted EBITDA (before ownership distributions) CAD $8.0M, up 16% YoY from CAD $6.8M.
- Gross margin decreased to 39% in 2024 from 46% in 2023; operating expenses improved 11%.
- Fat Panda operates 33 retail locations in central Canada, plus e-commerce and in-house e-liquids.
- Acquisition marks CEA's entry into vape market; closing targeted first half of 2025, subject to conditions.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001641172-25-009265
- form_type
- 8-K
- ticker
- BNC
- cik
- 0001482541
- company_name
- CEA Industries Inc.
- filed_at
- 2025-05-08T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:48.422940+00:00
- generated_at
- 2026-05-22T03:59:11.451708+00:00
- sec_items
- ["1.01", "9.01"]
- event_type
- m_and_a
- sentiment
- positive
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001641172-25-009265
- json_url
- https://secwatch.observer/filing/0001641172-25-009265.json
- markdown_url
- https://secwatch.observer/filing/0001641172-25-009265.md
- text_url
- https://secwatch.observer/filing/0001641172-25-009265.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1482541/000164117225009265/0001641172-25-009265-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1482541/000164117225009265/form8-k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
Comparable filings
TACH
Titan Acquisition Corp enters $800M deal to combine with OpenPayd
Titan Acquisition Corp.
June 1, 2026, 5:15 PM ET
m_and_a
Items 1.01, 7.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
NOG
NOG completes Parallax acquisition for CA$237M cash and 3.7M shares
NORTHERN OIL & GAS, INC.
June 1, 2026, 4:19 PM ET
m_and_a
Items 1.01, 3.02, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
WINV
WinVest amends business combination agreement to add ADS structure and share restructuring
WinVest Acquisition Corp.
June 1, 2026, 11:20 AM ET
m_and_a
Items 1.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
BSBK
Bogota Financial Corp. to merge with GSL Savings Bank; assets expected to exceed $1B
Bogota Financial Corp.
June 1, 2026, 9:12 AM ET
m_and_a
Items 1.01, 5.02, 8.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
VATE
INNOVATE to sell 75% of Broadcasting to CONX Corp.; $105M bridge loan refinances existing debt
INNOVATE Corp.
June 1, 2026, 8:45 AM ET
m_and_a
Items 1.01, 2.03, 7.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
SSAC
SPACSphere enters business combination agreement to acquire Mobilewalla Holdco
SPACSphere Acquisition Corp.
June 1, 2026, 7:05 AM ET
m_and_a
Items 1.01, 7.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
LSTA
Lisata amends merger: cash per share cut from $5 to $4, CVR increased to up to $3
LISATA THERAPEUTICS, INC.
May 29, 2026, 4:50 PM ET
m_and_a
Items 1.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
AXIN
Axiom Intelligence SPAC signs $15M termination-fee deal to combine with Terra Quantum AG
Axiom Intelligence Acquisition Corp 1
May 29, 2026, 8:29 AM ET
m_and_a
Items 1.01, 9.01
same SEC item: 1.01, 9.01
same event type: m_and_a
similar materiality
Filing page
SEC filing
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.