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YZi Labs: Has issued a formal notice to 10X Capital to alert CEA Industries shareholders about the disruptive actions of 10X Capital

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[YZi Labs: Formal Notice Sent to 10X Capital, Alerting CEA Industries Shareholders to 10X Capital’s Disruptive Actions] YZi Labs has officially announced that it has sent a formal notice to 10X Capital and has alerted shareholders of CEA Industries, Inc. to the disruptive actions of 10X Capital (the company’s asset manager). According to the announcement, the notice outlines what YZi Labs considers to be significant or potential breaches of contract by 10X and its principals (including BNC CEO David Namdar and 10X founder and BNC board member Hans Thomas), serious breaches of fiduciary duty, as well as deficiencies in transparency and corporate governance. YZi Labs’ notice requires 10X to provide written confirmation by December 5, 2025, demonstrating that it will adhere to the BNB fund management strategy promised to PIPE investors and that there has been no improper disposal of BNB assets.

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