YZi Labs Accuses 10X Capital of Holding Over 5% Stake in CEA Industries Without Disclosure

BlockBeats News, February 28th, YZi Labs accused the US stock BNB Treasury Company CEA Industries Inc. (BNC) of a serious disclosure issue. 10X Capital Asset Management LLC controlled by BNC board member Hans Thomas and its affiliates likely already hold more than 5% of the company's common stock, but failed to disclose as required by the SEC, suspected of violating Sections 13(d) and 16(a) of the US Securities Law.

YZi Labs calls on relevant parties to clarify the shareholding status as soon as possible and disclose whether there is an "affiliate ownership group" that needs to be disclosed according to the law.