Each warrant entitles its holder to purchase one share of the company’s common stock at an exercise price of $15.15, subject to adjustment, through August 5, 2028. The issuer manages a corporate treasury focused on BNB and also operates retail and industry businesses.
CEA Industries Inc. to Become BNB Standard Corporation After Open Community Advisory Vote
CEA Industries Inc. (Nasdaq: BNC) will change its corporate name to BNB Standard Corporation effective September 29, 2026, selected via an open community advisory vote on X that drew 5,799 votes with the winning name taking roughly 47%.
The name change is cosmetic: common stock keeps trading under 'BNC' with the same CUSIP, warrants remain under 'BNCWW' and 'BNCWZ', and existing certificates stay valid.
The company positions itself as manager of the world's largest corporate BNB treasury, and the release's forward-looking statements reiterate risks including BNB concentration, AMA litigation, a material weakness in internal controls, and Nasdaq compliance.