CEA Industries responds to YZi Labs: Never considered selecting other tokens in DAT, reiterates commitment to BNB treasury strategy
According to ChainCatcher, citing Globenewswire, BNB Treasury company CEA Industries (NASDAQ: BNC) responded to YZi Labs' statement, saying that since the PIPE financing in July, BNC has never considered choosing other tokens for the company's digital asset reserve strategy, nor has it initiated any competitive DAT projects. As of December 4, 2025, the company holds 515,554 BNB tokens, with a market value of approximately $464.6 million.
Two days before YZi released its press release, it had submitted a preliminary consent statement proposing to expand and restructure the board of directors. Currently, the company's board consists mainly of independent directors, in compliance with Nasdaq rules, and all directors possess the knowledge and experience necessary to effectively oversee company operations and create value for shareholders. The company values shareholder opinions and always welcomes feedback and constructive suggestions for improvement. The current board has already contacted YZi directly to establish an open channel for dialogue regarding YZi's concerns and potential solutions, and is reviewing the issues raised by YZi. At present, shareholders do not need to take any action.
Previously, it was reported that YZi Labs sought to expand the board of directors of BNB Treasury company CEA Industries to improve strategic execution and regulatory oversight. YZi Labs issued a rectification notice to 10X Capital, warning CEA Industries shareholders of its "disruptive behavior."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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