BNB treasury strategy sparks governance battle at CEA Industries. YZi accused CEA of mismanagement and poor communication, and is seeking changes to the board, disclosure of treasury holdings, and a revised governance structure. CEA has rejected the accusations and adopted a stockholder rights plan that limits any shareholder from acquiring more than 15% of the company’s stock without triggering dilution.

BNB treasury strategy sparks governance battle at CEA Industries. YZi accused CEA of mismanagement and poor communication, and is seeking changes to the board, disclosure of treasury holdings, and a revised governance structure. CEA has rejected the accusations and adopted a stockholder rights plan that limits any shareholder from acquiring more than 15% of the company’s stock without triggering dilution.
Coindesk

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