Highest-materiality recent filing
CEA Industries files suit against 10X Capital to void asset management agreement as unconscionable
Filed complaint May 22, 2026 in Delaware District Court against 10X Capital LLC regarding August 5, 2025 Asset Management Agreement.
CEA Industries (BNC) receives Nasdaq delisting notice for failure to hold annual meeting
Nasdaq Staff notified CEA on May 7, 2026, for non-compliance with Listing Rule 5620(a) due to missing annual meeting within 12 months of fiscal year end.
CEA Industries President/Director McDonald resigns; enters $10M loan at 9.5% with BitGo Prime
President and director Anthony K. McDonald resigned May 4; received $250k severance over 12 months plus $10k legal fees.
CEA Industries warrants to trade on Nasdaq on April 15 under symbol BNCWZ
49,504,988 Stapled Warrants outstanding, each exercisable at $15.15 for one share of common.
CEA Industries adopts inducement plan, grants 363,636 RSUs to new CFO Miller
Board approved 2026 Inducement Plan authorizing up to 1,000,000 shares for equity inducement grants to new employees.
BNC board proposes AMA fee cut from 1.75% to 0.50% of NAV; says 10X stalling
Proposed amendments: mgmt fee 1.75% to 0.50% of NAV, term 20 to 2 years, lower liquidated damages.
CEA Industries board blocks YZi Labs consent solicitation due to deficient request
Board determined YZi Labs' request to set a consent solicitation record date is deficient under company bylaws.
Director Hans Thomas resigns from CEA Industries Board effective March 20, 2026
Hans Thomas resigned from the Board of CEA Industries on March 20, 2026, effective immediately.
YZi Labs seeks control of CEA Industries board via consent solicitation; board opposes
YZi Labs requested record date to expand board from 6 to 13 directors and elect its seven nominees.
CEA Industries Q3 net loss $106.6M; CEO Namdar to depart by Aug 31, 2026
Fiscal Q3 net loss of $106.6M, EPS $(2.00); BNB price declined 28% causing unrealized loss of ~$159.8M.
CEA Industries appoints Brent Miller as CFO; $1M RSU grant and BNB treasury strategy disclosed
Brent Miller appointed CFO effective March 9, 2026; over 20 years experience including Figure Technology Solutions, reAlpha, Sunlight Financial.
CEA Industries proposes to amend Asset Management Agreement with 10X to lower fees and shorten term
Board proposed amendment to AMA seeking lower management fees, shorter term, and more favorable termination provision.
CEA Industries refutes YZi Labs claims of Nasdaq rule violation; reaffirms compliance
Company states it is in full compliance with Nasdaq Rule 5620(a) regarding annual meeting timing.
CEA Industries appoints Glenn W. Tyranski to board as Audit Committee chair
Glenn W. Tyranski appointed to fill board vacancy effective immediately; will chair Audit Committee.
Director Russell Read resigns from CEA Industries Board effective Jan 1, 2026
Russell Read resigned due to accepting another job that prohibits external board service.
Board adopted rights plan triggering at 15% ownership; existing YZi Labs group grandfathered at 7% but any increase triggers pill.
CEA Industries adopts poison pill after activist group YZi Labs seeks board control
Board adopted stockholder rights agreement with 15% beneficial ownership trigger in response to YZi Labs' preliminary consent solicitation.
Net income of $283.6M, EPS $5.36; includes $206.8M gain on change in fair value of warrant liability.
CEA Industries reaffirms BNB treasury strategy, responds to YZi Labs proxy challenge
As of Dec 4, 2025, holds 515,554 BNB valued at ~$464.6M ($901.27/BNB).
CEA Industries appoints Annemarie Tierney to Board as independent director
Board expanded from five to six members; appointment effective November 26, 2025.
CEA Industries launches BNB Treasury Dashboard with 515K BNB ($481M value)
515,054 BNB held; avg acquisition cost ~$851.29/BNB; total invested ~$438.5M; est. value ~$481M.
CEA Industries crosses 500k BNB milestone; holdings valued at $546.8M
Now holds 500,000 BNB tokens with average cost $870, total invested $435M.
Nasdaq publicly reprimands CEA Industries for Aug. 2025 change-of-control violation; inquiry closed
Nasdaq issued a public reprimand on Oct. 14, 2025 for violating Rule 5635(b) (shareholder approval) due to Aug. 2025 change-of-control transactions.
CEA Industries holds 480k BNB tokens worth $585.5M; BNB hits all-time high $1,236.74
Total BNB holdings: 480,000 tokens at avg cost $860/BNB, invested $412.8M, value $585.5M as of Oct 6.
CEA Industries appoints Carly E. Howard to board, expanding from 4 to 5 members
Carly E. Howard appointed as director effective Oct 1, 2025; board expands from 4 to 5 members.
CEA Industries (BNC) authorizes $250 million stock buyback program
Board authorized repurchase of up to $250M of common stock; no obligation to execute.
CEA Industries closes $500M private placement, targets 1% of BNB supply, new ticker BNC
Closed $500M private placement on Aug 5, 2025; potential $1.25B if all warrants exercised.
CEA Industries files registration for $500M PIPE, CEO updates on BNB treasury strategy and buyback
Filed S-3 registration for previously disclosed $500M PIPE and up to $750M warrant transaction on Sept 19.
Amendment extends initial filing deadline from 30th to 45th calendar day after closing, with optional further extension to 60th day.
CEA Industries appoints Russell Read as director, replacing Alexander Monje
Alexander Monje resigned as director effective August 29, 2025; no disagreement with the company.
CEA Industries enters $50M at-the-market equity offering agreement with Cantor Fitzgerald
Company may sell up to $50M of common stock from time to time at market prices.
CEA Industries files audited Fat Panda acquisition financials; target revenue $28M, net income $570K
Acquisition of Fat Panda Group closed June 6, 2025; this 8-K/A provides required audited financials.
CEA Industries closes $500M private placement, appoints new CEO, shifts to BNB treasury strategy
Gross proceeds of $500M from private placement led by YZi Labs; potential additional $750M from warrant exercise.
CEA Industries closes ~$500M private placement of common stock and warrants
Sold 41,754,478 common shares at $10.10/share; pre-funded warrants for 7,750,510 shares at $10.09999.
CEA Industries raises $500M PIPE to become publicly listed BNB treasury company
Gross proceeds of ~$500M from common equity PIPE; up to $1.25B including warrant exercises.
CEA Industries changes fiscal year to April 30, aligning with acquired Fat Panda entities
Board of Directors approved change of fiscal year end from previous date to April 30, effective for fiscal year ending April 30, 2025.
CEA Industries completes CAD 18M acquisition of Fat Panda, largest Canadian vape retailer
Purchase price CAD 18M ($12.6M USD): CAD 12.1M cash, 39,000 shares valued at CAD 700k, seller notes CAD 2.56M.
CEA Industries engages advisor for Fat Panda vape acquisition; pays CAD$700k in shares
Entered agreement with Velocity Investments for due diligence and acquisition advice regarding Fat Panda Ltd., a Canadian nicotine vape retailer/manufacturer.
Fat Panda preliminary unaudited 2024 revenue CAD $38.5M (up 14% YoY) and net income CAD $1.2M (up 126% YoY).
CEA Industries updates Fat Panda acquisition; FY2024 rev CAD 38.5M, adj. EBITDA CAD 8.4M
Preliminary FY2024 revenue CAD 38.5M (USD 28.5M); adjusted EBITDA CAD 8.4M (USD 6.2M).
CEA Industries signs CAD $18M deal to acquire Fat Panda, entering Canadian vape market
Purchase price CAD $18M (~USD $12.6M) payable in cash, 39,000 CEAD shares, seller notes, and bank debt.
CEA Industries reports annual meeting results and new Director Compensation Plan
Elected all five director nominees: McDonald, Shipley, Etten, Tarallo, Mariathasan; votes for ranged 298,755–309,507.
CEA Industries announces non-binding LOI to acquire specialty retailer with 30+ locations
Target is a leading specialty retailer and manufacturer with over 30 retail locations, trademarks, and IP.
CEA Industries engages director Nicholas J. Etten for M&A advisory services
Director Nicholas J. Etten will provide transaction sourcing and evaluation services to CEA Industries.
CEA Industries announces 1-for-12 reverse stock split to regain Nasdaq compliance
Effective June 7, 2024, every 12 shares of common stock will combine into 1 share.
On May 4, 2026, Anthony K. McDonald, the Company’s President and a member of the Company’s Board of Directors, resigned as President and as a director of the Company.
On May 4, 2026, Anthony K. McDonald, the Company’s President and a member of the Company’s Board of Directors, resigned as President and as a director of the Company.
Max materiality 0.95 · Median 0.65 · Most common event other_material