CEA Industries Renegotiating Asset Management Agreement With 10X Capital Asset Management
Benzinga·03/26/2026 20:18:01
Listen to the news
CEA Industries Inc. (NASDAQ: BNC) ("BNC" or the "Company") today provided an update on the status of the efforts by BNC's Board of Directors (the "Board") to renegotiate the Company's Asset Management Agreement (the "AMA") with 10X Capital Asset Management LLC ("10X").
On February 18, following a number of conversations with 10X on the subject, the Company outlined specific proposed terms to 10X for substantive amendments to the AMA, which were also included in a proposed amended version of the AMA that was delivered on March 8 (the "Market Proposal"). The AMA was originally executed in August 2025, long before a majority of the current directors joined the Board.
Contact Us
Contact Number :+852 3852 8500Monday 7:00 AM - Saturday 9:00 AM (HKT)
Service Email :service@webull.hkOnline Support: Monday - Friday: 9:00 - 16:00; 22:30 - 5:00 (HKT)
Business Cooperation :marketinghk@webull.hkRisk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Language
English
©2026 Webull Securities Limited. All rights reserved.