TechFlow news, January 5th, YZi Labs issued a statement on January 5, 2026, expressing strong dissatisfaction with the recent "poison pill plan" and defensive charter amendments adopted by CEA Industries Inc. (NASDAQ ticker: BNC). As a major shareholder of BNC, YZi Labs believes these measures are intended to restrict shareholder rights and consolidate board power, rather than protect shareholder interests. YZi Labs also refuted BNC's claim that it "never considered alternative digital assets," pointing out that BNC CEO David Namdar explicitly mentioned considering a shift to other crypto assets at an industry conference in November 2025. YZi Labs has submitted a preliminary consent statement to the SEC, planning to expand the board size and nominate new members at the 2025 annual shareholders meeting.
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