{"id":937055,"date":"2026-02-13T16:34:00","date_gmt":"2026-02-13T21:34:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/"},"modified":"2026-02-13T16:34:00","modified_gmt":"2026-02-13T21:34:00","slug":"cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/","title":{"rendered":"CEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims"},"content":{"rendered":"
\n

\n Confirms BNC is fully compliant with Nasdaq rules for holding the annual meeting<\/i>\n <\/p>\n

LOUISVILLE, CO, Feb. 13, 2026 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: BNC) (\u201cBNC\u201d or the \u201cCompany\u201d), a growth-oriented company focused on managing the world\u2019s largest corporate treasury of BNB token, today responded to false claims made by YZILabs Management Ltd. (\u201cYZi Labs\u201d) about the Company\u2019s compliance with Nasdaq Stock Market (\u201cNasdaq\u201d) rules regarding the date of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d):<\/p>\n

BNC is in full compliance with Nasdaq Rule 5620(a). Nasdaq rules also allow the Company to submit a plan to regain compliance if the Annual Meeting has not been held by the fiscal year end. Given that our fiscal year does not even end for two more months, YZi Labs\u2019 reckless claim that the Company is at risk of delisting is self-evidently false.<\/p>\n

Furthermore, contrary to YZi Labs\u2019 implication that the change to the Company\u2019s fiscal year end was intended to disadvantage or thwart YZi Labs, the Company transitioned its fiscal year end on June 29, 2025 \u2014 well before YZi Labs had acquired a single share of BNC stock \u2014 to align with the fiscal year end of the Company\u2019s then-largest operating business. This change was approved in accordance with applicable law and was properly disclosed to all stockholders on a Form 8-K filed on July 3, 2025.<\/p>\n

We are disappointed that YZi Labs would resort to promoting baseless conspiracy theories that it knows, or should know, are false. The Company will not be drawn into inflammatory public exchanges and remains focused on disciplined governance, long-term value creation and acting in the best interests of all stockholders.<\/p>\n

\n About CEA Industries Inc.<\/b>\n <\/p>\n

CEA Industries Inc. (Nasdaq: BNC) is a growth-oriented company that has focused on building category-leading businesses in consumer markets, including building and managing the world\u2019s largest corporate treasury of BNB.<\/p>\n

\n Forward-Looking Statements<\/b>\n <\/p>\n

This press release contains statements that constitute \u201cforward-looking statements.\u201d The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties, including forward-looking statements regarding BNC\u2019s expectations or beliefs regarding the Company\u2019s position as the largest BNB treasury in the world, the date of the annual meeting, and the availability of extensions to compliance with Nasdaq Rule 5620(a). BNC wishes to caution readers that these forward-looking statements may be affected by the risks and uncertainties in BNC\u2019s business as well as other important factors may have affected and could in the future affect BNC\u2019s actual results and could cause BNC\u2019s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of BNC. In evaluating these forward-looking statements, readers should consider various risk factors, which include, but are not limited to, BNC\u2019s ability to keep pace with new technology and changing market needs; BNC\u2019s ability to finance its current business and proposed future business, including the ability to finance the continued acquisition of BNB; the competitive environment of BNC\u2019s business; and the future value and adoption of BNB. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions and risks, many of which are beyond BNC\u2019s control. In addition, these forward-looking statements and the information in this press release is qualified in its entirety by cautionary statements and risk factor disclosures contained in BNC\u2019s filings with the SEC, including BNC\u2019s Form 10-Q filed with the SEC on December 15, 2025, Form 10-K filed with the SEC on March 27, 2025, and Form 10-KT filed with the SEC on July 25, 2025, each as may be amended or supplemented from time to time. Copies of BNC\u2019s filings with the SEC are available on the SEC\u2019s website at www.sec.gov. BNC undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.<\/p>\n

\n Important Additional Information and Where to Find It<\/b>\n <\/p>\n

The Company intends to file a consent revocation statement on Schedule 14A, an accompanying YELLOW consent revocation card and other relevant documents with the SEC in connection with YZi\u2019s consent solicitation. THE COMPANY\u2019S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY\u2019S DEFINITIVE CONSENT REVOCATION STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING YELLOW CONSENT REVOCATION CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain free copies of the definitive consent revocation statement, an accompanying YELLOW consent revocation card, any amendments or supplements to the consent revocation statement and other documents that the Company files with the SEC at no charge from the SEC\u2019s website at www.sec.gov<\/a>. Copies will also be available at no charge by scrolling to the \u201cSEC Filings\u201d section of the Company\u2019s website at https:\/\/ceaindustries.com\/investors.html<\/a>.<\/p>\n

\n Certain Information Regarding Participants in the Solicitation<\/b>\n <\/p>\n

The Company, its directors (Anthony K. McDonald, Nicholas J. Etten, Carly E. Howard, Hans Thomas, Annemarie Tierney, and Glenn Tyranski) and certain of its executive officers (David Namdar) are deemed to be \u201cparticipants\u201d (as defined in Schedule 14A under the Securities Exchange Act of 1934, as amended) in the solicitation of consent revocations from the Company\u2019s stockholders in connection with YZi Labs\u2019 consent solicitation. Information about the names of the Company\u2019s directors and officers, their respective interests in the Company, by security holdings or otherwise, and their respective compensation is set forth in the \u201cInformation about our Directors\u201d and \u201cExecutive Officers\u201d sections in Part III, Item 10 \u2013 Directors, Executive Officers and Corporate Governance of the Company\u2019s Transition Report on Form 10-KT for the transition period from January 1, 2025 to April 30, 2025 (the \u201cForm 10-KT\u201d), in Part III, Item 11 \u2013 Executive Compensation of the Form 10-KT, in Part III, Item 12 \u2013 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters of the Form 10-KT and in Current Reports on Form 8-K filed with the SEC on August 8, 2025, October 7, 2025 and November 28, 2025. Supplemental information regarding the participants\u2019 holdings of the Company\u2019s securities can be found in SEC filings on Statements of Change in Ownership on Form 3 and Form 4. Any subsequent updates following the date hereof to the information regarding the identity of potential participants and their direct or indirect interests, by security holdings or otherwise, will be set forth in the Company\u2019s consent revocation statement on Schedule 14A and other materials to be filed with the SEC in connection with YZi Labs\u2019 consent solicitation, if and when they become available. These documents will be available at no charge as described above.<\/p>\n

\n CEA Industries Media Inquiries:<\/b>
\n
Edelman Smithfield
CEA@edelmansmithfield.com<\/a><\/p>\n

\n CEA Industries Investor Relations:<\/b>
\n
\n james@haydenir.com<\/a>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Confirms BNC is fully compliant with Nasdaq rules for holding the annual meeting LOUISVILLE, CO, Feb. 13, 2026 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: BNC) (\u201cBNC\u201d or the \u201cCompany\u201d), a growth-oriented company focused on managing the world\u2019s largest corporate treasury of BNB token, today responded to false claims made by YZILabs Management Ltd. (\u201cYZi Labs\u201d) about the Company\u2019s compliance with Nasdaq Stock Market (\u201cNasdaq\u201d) rules regarding the date of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d): BNC is in full compliance with Nasdaq Rule 5620(a). Nasdaq rules also allow the Company to submit a plan to regain compliance if the Annual Meeting has not been held by the fiscal year end. Given that our fiscal year does … <\/p>\n

Continue reading “CEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-937055","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Confirms BNC is fully compliant with Nasdaq rules for holding the annual meeting LOUISVILLE, CO, Feb. 13, 2026 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: BNC) (\u201cBNC\u201d or the \u201cCompany\u201d), a growth-oriented company focused on managing the world\u2019s largest corporate treasury of BNB token, today responded to false claims made by YZILabs Management Ltd. (\u201cYZi Labs\u201d) about the Company\u2019s compliance with Nasdaq Stock Market (\u201cNasdaq\u201d) rules regarding the date of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d): BNC is in full compliance with Nasdaq Rule 5620(a). Nasdaq rules also allow the Company to submit a plan to regain compliance if the Annual Meeting has not been held by the fiscal year end. 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(NASDAQ: BNC) (\u201cBNC\u201d or the \u201cCompany\u201d), a growth-oriented company focused on managing the world\u2019s largest corporate treasury of BNB token, today responded to false claims made by YZILabs Management Ltd. (\u201cYZi Labs\u201d) about the Company\u2019s compliance with Nasdaq Stock Market (\u201cNasdaq\u201d) rules regarding the date of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d): BNC is in full compliance with Nasdaq Rule 5620(a). Nasdaq rules also allow the Company to submit a plan to regain compliance if the Annual Meeting has not been held by the fiscal year end. Given that our fiscal year does … Continue reading \"CEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/","og_site_name":"Market Newsdesk","article_published_time":"2026-02-13T21:34:00+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY1NDgwNiM3NDI2MzkwIzUwMDA2NTMxOA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims","datePublished":"2026-02-13T21:34:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/"},"wordCount":1140,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY1NDgwNiM3NDI2MzkwIzUwMDA2NTMxOA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cea-industries-bnc-issues-statement-refuting-yzi-labs-latest-false-and-reckless-claims\/","name":"CEA Industries (BNC) Issues Statement Refuting YZi Labs\u2019 Latest False and Reckless Claims - 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