Louisville, Colorado, June 12, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it will change its ticker symbol on the NASDAQ Capital Market from "CEAD" to "VAPE." This change is expected to take effect at the opening of trading on Friday, June 13, 2025. The new ticker symbol "VAPE" reflects the Company's strategic focus on the rapidly growing vaping industry, following its recent acquisition of Fat Panda, a leading Canadian vape r ...

Conference Call Scheduled for Today, June 11, 2025 at 4:30pm ET CEA Industries to Provide Business Update and Discuss Strategic Implications of Fat Panda Acquisition Louisville, Colorado, June 11, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it has published an updated investor presentation, now available on the Investor Relations section of its website. Management will host a live conference call today, June 11, 2025, at 4:30p ...

Core Viewpoint - CEA Industries Inc. is actively participating in the Sidoti Conference, showcasing its focus on the high-growth Canadian nicotine vape industry and its strategic initiatives for expansion [1][2][4]. Group 1: Conference Participation - CEA Industries will present virtually at the Sidoti Conference on June 12, 2025, at 10:45 a.m. ET [2]. - The company will also hold one-on-one investor meetings throughout the day on June 12, 2025 [2]. Group 2: Company Overview - CEA Industries Inc. is a growth-oriented company targeting the regulated consumer markets, specifically the Canadian nicotine vape industry, which is one of the fastest-growing segments in the global nicotine market [4]. - The company aims to partner with scalable operators that have strong regulatory alignment, defensible market share, and high-margin business models [4]. - CEA Industries provides capital, operational expertise, and strategic resources to enhance retail expansion and e-commerce infrastructure, driving long-term value creation [4].

Core Viewpoint - CEA Industries has completed the acquisition of Fat Panda Ltd., the largest independent vape retailer in Central Canada, enhancing its position in the rapidly growing regulated nicotine market [1][3]. Company Overview - CEA Industries Inc. is focused on building leading businesses in regulated consumer markets, particularly in the high-growth Canadian nicotine vape industry [8]. - Fat Panda, founded in 2013, operates 33 retail locations across Manitoba, Ontario, and Saskatchewan, and has a national e-commerce platform [2]. Financial Performance - Fat Panda generated approximately CAD $38.5 million (USD $28.5 million) in revenue with 39% gross margins and CAD $8.0 million (USD $5.9 million) in adjusted EBITDA for the fiscal year ending April 30, 2024 [2]. - The acquisition price for Fat Panda is CAD $18.0 million (USD $12.6 million), consisting of CAD $12.1 million in cash, 39,000 shares of CEAD common stock valued at CAD $700,000, and seller notes totaling CAD $2.56 million [5][6]. Strategic Benefits - The acquisition establishes CEA as a leader in Central Canada's regulated vape market with over 50% regional market share [5]. - It combines a national e-commerce presence with high-traffic retail locations, driving over CAD $2 million in annual online sales [5]. - Fat Panda's vertical integration supports high gross margins and profitability, enhancing CEA's overall financial performance [5]. - The acquisition allows for future growth through expansion and potential mergers and acquisitions, leveraging CEA's capital and strategic support [5]. Management and Operations - Fat Panda will continue to operate under its existing brand with the current management team to ensure a smooth transition [3]. - The integration efforts will be led by Fat Panda's Co-Founder and President, Jordan Vedoya, focusing on retail and digital channel expansion [3].

Louisville, Colorado, May 15, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three months ended March 31, 2025. First Quarter 2025 Financial Summary (in $ thousands, excl. margin items): Q1 2025(unaudited) Q4 2024(unaudited) Q1 2024(unaudited) Revenue $713 $417 $235 Gross Profit (Loss) $39 $(175) $(154)Operating Expenses $<td style="text-ali ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41266 CEA INDUSTRIES INC. (Exact name of registrant as specified in its charter) Nevada 27-3911608 (State or other jurisdiction of incorporation or organization) 385 South ...

Transaction reflects CEA Industries’ strategic evolution and pivotal entry into attractive high-growth vape market Accelerates Fat Panda’s growth initiatives as central Canada’s largest retailer and manufacturer of e-cigarettes, vape devices and e-liquids Reiterates expectation for acquisition to close in the first half of 2025 Louisville, Colorado, May 08, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced a progress update on its acquisi ...

Louisville, Colorado, April 01, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ:CEAD, CEADW)) ("CEA Industries" or the "Company"), is providing an update on its previously announced acquisition of Fat Panda Ltd. ("Fat Panda"), a leading central Canadian retailer and manufacturer of nicotine vape products. Fat Panda is central Canada's largest retailer and manufacturer of e-cigarettes, vape devices, and e-liquids, with 33 retail locations across Manitoba, Ontario, and Saskatchewan. Fat Panda also operat ...

Louisville, Colorado, March 27, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three and twelve months ended December 31, 2024. Fourth Quarter 2024 Financial Summary (in $ thousands, excl. margin items): Q4 2024(unaudited) Q3 2024(unaudited) Q4 2023(unaudited) Revenue $417 $391 $251 Gross Profit (Loss) $(175) $(70)<td style="vertical-align: bottom ; ...

FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____ TO _______ Commission File Number: 001-41266 CEA INDUSTRIES INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) Nevada 27-3911608 (State or other jurisdiction of ...