secwatch.observer — SEC 8-K summary
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Issuer:     CEA Industries Inc. (BNC)
CIK:        0001482541
Form:       8-K/A
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0001641172-25-024881
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEA Industries files audited Fat Panda acquisition financials; target revenue $28M, net income $570K
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- Acquisition of Fat Panda Group closed June 6, 2025; this 8-K/A provides required audited financials.
- Fat Panda revenue $27.99M for FY2025, down 1.8% from $28.52M in FY2024.
- Net income fell 71% to $569,929 (FY2025) from $1.99M (FY2024).
- Total assets $9.04M, shareholders' equity $4.76M as of April 30, 2025.
- Operated 34 retail vape stores (SK, MB, ON) in 2025 vs 35 in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482541/000164117225024881/0001641172-25-024881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482541/000164117225024881/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-024881

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer