星球日报|Jan 07, 2026 04:37
**[YZi Labs: CEA Industries Board Adopts Poison Pill Plan to Consolidate Position, Calls for Fair Elections]**
Odaily Planet Daily News – YZi Labs posted on the X platform, stating that as a significant shareholder of CEA Industries (BNC), it is disappointed with the company's board of directors for adopting a "poison pill plan" and amending the bylaws in response to YZi Labs' initiated written consent solicitation process. YZi Labs believes these actions are aimed at undermining and delaying shareholders' ability to exercise their rights through written consent, with the purpose of consolidating the board's position rather than protecting shareholder interests.
YZi Labs pointed out that the BNC board has postponed the 2025 annual meeting originally scheduled for December 17. It called on the board to refrain from further manipulative actions and to ensure fairness in the director nomination and election process. Additionally, YZi Labs refuted BNC's statement that it had never considered alternative token strategies, claiming that BNC CEO David Namdar explicitly mentioned during a November 2025 meeting that switching to assets like Solana had been considered.
YZi Labs has submitted a preliminary consent statement to the SEC, proposing to expand the size of the BNC board and elect its nominated director candidates. Participants in this solicitation include YZi Labs Management, Binance founder Changpeng Zhao, Max Baucus Sieben, David James Chapman, Marie Teresa Goody Guillené, Jiajin He, Alex Odagiu, Matthew Roszak, and Ling Zhang. Currently, YZi Labs Management directly holds 2,150,481 shares of BNC common stock.
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