PANews
PANews|Feb 10, 2026 15:35
[YZi Labs Responds to CEA Industries Board Statement and Demands Clarification of Misleading Information] YZi Labs issued an open letter in response to the statement from the CEA Industries board, pointing out that the so-called 'secret agreement' does not exist and that the agreement's contents had already been disclosed to and approved by the board. YZi Labs confirmed that the Strategic Services Agreement (SSA) was terminated on December 11, 2025, and the board was notified on December 13. The company questioned the inaccuracies and governance practices in the board's statement. YZi Labs demands that the board immediately clarify the false statement, fully disclose the details of the relevant transactions, and effectively safeguard shareholder interests. Otherwise, it will take action to replace board members to ensure proper corporate governance.
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