CEA Industries (BNC) Reports Transformational Fiscal Q1 2026; Embraces BNB Digital Asset Treasury Strategy

Core Viewpoint - CEA Industries Inc. reported its first fiscal quarter results, highlighting resilience in its core business and transformational growth following a $500 million private placement, with a goal of owning 1% of BNB's total supply by the end of 2025 [1][2][5]. Fiscal Quarter and Strategic Highlights - The financial results for the quarter ending July 31, 2025, reflect legacy operations prior to the digital asset treasury strategy and the closing of the $500 million private placement [2][5]. - The acquisition of digital assets began after the reporting period, and these assets will be included in the upcoming fiscal Q2 financials, expected to be reported by December 15, 2025 [2][5]. Business Outlook - CEA Industries is committed to executing its digital asset treasury strategy, which aims to complement its operating business, with significant capital deployment planned for acquiring additional BNB [3][5]. - The company will provide transparent updates on its BNB holdings and treasury operations [3]. Transformational Financing - On July 28, 2025, the company announced a $500 million private placement, successfully closing it on August 5, 2025, with potential gross proceeds of up to $1.25 billion if all associated warrants are exercised [6]. - The company's common stock began trading on Nasdaq under the new ticker symbol "BNC" on August 6, 2025 [6].