CEA Industries Inc. Announces Reverse Stock Split to be Effective June 7, 2024; Publicly Traded Warrant Adjustment

Core Points - CEA Industries Inc. announced a 1-for-12 reverse stock split of its outstanding shares of common stock [1][2] - The reverse stock split will convert every twelve shares into one share, with the adjusted purchase price for warrants set at $60.00 per share [2][4] - The company aims to maintain its listing on the Nasdaq Capital Market through this action [4] Company Information - CEA Industries Inc. provides solutions for the controlled environment agriculture industry, supporting the development of the global ecosystem for indoor cultivation [7] - The common stock will begin trading on a split-adjusted basis starting June 7, 2024, and a new CUSIP number has been assigned for the common stock [5][6]