CZ's YZi Labs Push for BNC Board Changes
Update: 2025-12-01
Description
Binance co-founder CZ and YZi Labs aim to revolutionize CEA Industries, or BNC, by expanding its board and electing new nominees. They seek to repeal certain bylaws, address BNCs struggling stock price, and restore investor confidence. YZi Labs, owning five percent of BNCs shares, alleges BNCs management is responsible for the companys poor performance, with shares falling by over ninety percent since July, despite BNBs increased value. They urge shareholders to act now for BNCs benefit.
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