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YZi Labs Issues Compliance Notice to "BNB Version Micro Strategy" BNC Asset Management Firm 10X Capital
BlockBeats News, December 3rd, YZi Labs announced that it has issued a compliance notice and demand to the asset manager 10X Capital of the "BNB Version Micro Strategy" CEA Industries (BNC), reminding CEA Industries, Inc. shareholders to be aware of the disruptive behavior of 10X Capital (the company's asset manager). If 10X Capital continues to delay information disclosure, exacerbate conflicts of interest, and mismanage, shareholders will face the risk of continued price decline. YZi Labs has requested 10X Capital to take immediate corrective action, including improving governance structure and committing to implementing the promised BNB Treasury (DAT) strategy.
According to market data, the price of the "BNB Version Micro Strategy" CEA Industries (BNC), supported by YZi Labs, has dropped over 92% from its announced BNB Treasury establishment high of $82.88 and is now trading at $7.06.
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