On March 13, 2026, CEA Industries Inc. (the "Company") confirmed receipt of a letter from YZILabs Management Ltd. ("YZi Labs") requesting that the Company set a record date for stockholders entitled to consent to several proposals. These proposals include repealing certain provisions of the Company's Amended and Restated Bylaws, increasing the size of the Board from six to thirteen directors, and electing seven nominees from YZi Labs to the Board. The Board will review the letter to determine its validity under the Bylaws. If deemed valid, the Company will disclose the record date for stockholders entitled to consent to YZi Labs' proposals. The Company issued a press release regarding this matter, emphasizing that stockholders are not required to take any action at this time. The Board's review is crucial as it may lead to significant changes in governance and control of the Company, potentially impacting stockholder interests and the overall strategic direction of CEA Industries.
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