YZi Labs Demands Lower Fees and Shorter Term in CEA Industries’ 10X Asset Management Deal

Reuters

17 hours ago

YZi Labs Demands Lower Fees and Shorter Term in CEA Industries’ 10X Asset Management Deal

YZi Labs, a significant shareholder of CEA Industries Inc., criticized the company’s board over its asset management agreement with 10X Capital Asset Management, saying the contract needs lower management fees, a shorter term and easier termination. YZi Labs urged the recusal of 10X-affiliated directors Hans Thomas and David Namdar from any renegotiations and called for full public disclosure of any proposed amendments, while disputing board claims that a separate services agreement delayed changes to the management deal.

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 GlobeNewswire (Ref. ID: 202602231600PRIMZONEFULLFEED9659553) on February 23, 2026, and is solely responsible for the information contained therein.

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