Affected by the news of the establishment of a BNB treasury by a $500 million private equity firm, the US stock market's VAPE rose 452.11% in pre-market trading

According to BlockBeats, on July 28th, according to Rockflow data, the US stock CEA Industries (VAPE) rose 452.11% in pre-market trading and was quoted at $49, possibly influenced by the news of a $500 million private equity establishment of BNB treasury. It is worth noting that the company's stock price closed at only $8.88 last Friday, with a market value of only $7.4669 million. BlockBeats previously reported that CEA Industries and 10X Capital, with support from YZi Labs, announced a $500 million private placement to establish the world's largest publicly traded BNB finance company.