CZ’s YZi Labs Seeks Control of CEA Industries, Aiming for Stock Correction

YZi Labs, a firm backed by Changpeng Zhao (CZ), is pushing for significant changes at CEA Industries, the publicly traded BNB treasury company. They aim to reverse recent bylaws, expand the board, and install their own nominees in an attempt to fix operational delays and restore investor confidence. The move comes after months of tension over slow progress, missed updates, and a widening gap between the company’s market value and its crypto holdings. YZi Labs has filed a written consent statement with the SEC, asking shareholders to approve these significant changes. ]