YZi Labs aims to broaden BNB Treasury company CEA Industries’ board of directors for enhanced strategy implementation and oversight

YZi Labs, a major shareholder in CEA Industries, has proposed to expand its board of directors through a consent statement filed with the SEC. This move aims to improve oversight and strategy execution.

Despite the substantial value increase in BNB, CEA Industries has underperformed since a 500 million USD PIPE financing. Key issues cited include poor communication with investors and delays in SEC filings.