CEA Industries Inc. Partners with Velocity Investments for Acquisition of Canadian Vape Retailer Fat Panda Ltd

Reuters
06-09
<a href="https://laohu8.com/S/CEAD">CEA Industries Inc.</a> Partners with Velocity Investments for Acquisition of Canadian Vape Retailer Fat Panda Ltd

CEA Industries Inc. has announced the acquisition of Fat Panda Ltd., a prominent Canadian retailer and manufacturer of nicotine vape products. As part of this transaction, CEA Industries engaged Velocity Investments Incorporated to provide due diligence services and acquisition advice. The compensation for Velocity's services was determined to be CAD$700,000, equivalent to 39,000 shares of CEA Industries' Common Stock, valued at $313,950 on the U.S. market as of the issuance date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CEA Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-014235), on June 09, 2025, and is solely responsible for the information contained therein.

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