BlockBeats news, on November 28, according to market data, the stock price of CEA Industries (BNC), supported by YZi Labs, has fallen over 92% from the historical high of $82.88 announced after the establishment of the BNB treasury, currently reported at $5.97. Earlier reports indicated that YZi Labs submitted a preliminary consent statement to the U.S. SEC, proposing to expand the board size of CEA Industries and elect additional directors. YZi Labs head Ella Zhang stated, “We believe that the new directors will address issues such as the poor stock performance of CEA Industries and operational gaps, and help unlock value that rightfully belongs to the shareholders.”
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