CEA Industries Inc.
BNCReporting person: YZi Labs Management Ltd. and participants(group)
YZi Labs seeks board expansion at CEA Industries, demands 10X disclosure
Primary demands
- expand board of directors
- elect nominated directors
- full disclosure of 10X Capital warrant transfers
- confirm identities of warrant assignees
- disclose whether parties are acting in concert with 10X
No advisor data on record for this deal.
YZi Labs Management Ltd. and affiliated individuals filed a preliminary consent statement to expand CEA Industries Inc.'s board and elect nominated directors. YZi Labs owns 2,150,481 shares directly plus warrants underlying 21,215,860 additional shares, subject to beneficial ownership limitations. The group demands full disclosure of 10X Capital's warrant transfers and confirmation of whether dispersed holders are acting in concert with 10X.