CEA Industries Inc.
Reporting person: YZi Labs Management Ltd. and participants(group)
YZi Labs seeks board expansion at CEA Industries via consent solicitation
Primary demands
- board expansion
- board representation
No advisor data on record for this deal.
YZi Labs Management Ltd. and individual participants filed a preliminary consent statement to solicit written stockholder consents to expand the Board of Directors of CEA Industries Inc. and elect nominated directors. As of the filing date, YZi Labs Management directly owns 2,150,481 shares and holds warrants referencing approximately 21.2 million additional shares, subject to beneficial ownership limitations capping exercise at 4.99%. The participants seek board representation through the consent solicitation process.