CEA Industries engages advisor for Fat Panda vape acquisition; pays CAD$700k in shares

CEA Industries Inc.

Entered agreement with Velocity Investments for due diligence and acquisition advice regarding Fat Panda Ltd., a Canadian nicotine vape retailer/manufacturer.
Services valued at CAD$700,000; paid with 39,000 shares of common stock (market value $313,950 as of issuance).
Original agreement dated Feb 7, 2025, with two amendments; 8-K filed June 6, 2025.
Shares issued under prospectus supplement to Form S-3 registration statement.

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