Cea Industries INC Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
CEA Industries has entered into a cooperation agreement with YZi Labs, resulting in board restructuring and the formation of a CEO search committee.
YZi Labs and associated investors have requested a record date for written consent to challenge recent bylaw amendments by CEA Industries Inc.
SCHEDULE 13D/A: CEA Industries Adopts Poison Pill, YZi Labs Responds
CEA Industries Inc. implemented a poison pill and restrictive bylaws, prompting YZi Labs to comply with new disclosure requirements for its board nomination efforts.
YZi Labs Management Ltd. and a group of investors have formed an activist group, acquiring a 9.2% stake in CEA Industries Inc. and plan to seek board representation and expansion.
YZi Labs and Changpeng Zhao have disclosed a 5% beneficial ownership in CEA Industries Inc. and are seeking to influence corporate governance, including board composition.
Lance Brock Finlinson has fully divested his holdings in CEA Industries Inc., citing the achievement of specific price objectives for the sale of his common stock.
111 Equity Group LLC and its principals, Rochel M. Kassirer and Chaim Herzog, have fully divested their beneficial ownership in CEA Industries Inc. and terminated their non-disclosure agreement, signaling an end to their engagement with the company.