Louisville, CO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: VAPE) (the “Company”) today announced that it is changing the Nasdaq ticker symbols for its common stock and publicly traded warrants. Beginning Wednesday, August 6, 2025, shares of the Company’s common stock will trade on Nasdaq under the new ticker symbol “BNC”, and the Company’s outstanding publicly-traded warrants will trade on Nasdaq under the new ticker symbol “BNCWW”. The Company is not undertaking any other corporate acti ...

Core Viewpoint - Nano Labs Ltd has entered into a strategic equity investment agreement with CEA Industries Inc, focusing on building BNB reserves in the cryptocurrency space [1][6]. Investment Details - Nano Labs subscribed for 495,050 shares of Class A common stock of CEA Industries at a price of US$10.10 per share, along with 495,050 warrants with an exercise price of US$15.15 per share, potentially holding up to 990,100 shares if fully exercised [2]. - This investment is part of CEA Industries' ongoing US$500 million Private Investment in Public Equity (PIPE) financing plan, primarily aimed at acquiring BNB [3]. Strategic Initiatives - The investment marks a significant step in Nano Labs' strategy to build cryptocurrency reserves, enhancing its position across major public chain ecosystems [4]. - As of the announcement date, Nano Labs holds approximately 128,000 BNB in total, indicating its commitment to optimizing its crypto asset allocation [4][7]. Company Profiles - CEA Industries Inc focuses on building businesses in regulated consumer markets, particularly in the Canadian nicotine vape industry, and plans to adopt a BNB Treasury strategy post-PIPE closing [6]. - Nano Labs Ltd is a leading Web 3.0 infrastructure provider in China, developing high throughput computing and high performance computing chips, and has positioned itself in the digital assets space with BNB as its primary reserve asset [7].

Core Viewpoint - CEA Industries is set to discuss its strategic priorities and the implications of its recent acquisition of Fat Panda during a conference call scheduled for June 11, 2025 [1]. Group 1: Company Overview - CEA Industries Inc. is a growth-oriented company focused on building leading businesses in regulated consumer markets, particularly in the high-growth Canadian nicotine vape industry [3]. - The company targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models [3]. - CEA Industries provides capital, operational expertise, and strategic resources to enhance retail expansion and e-commerce infrastructure [3]. Group 2: Strategic Initiatives - The company has published an updated investor presentation outlining its new strategic priorities, including the acquisition of Fat Panda [1]. - The conference call will detail the go-forward strategy aimed at accelerating growth and enhancing shareholder value [1].

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].