EasyLabs “CEA Industries, which is buying up BNB, operates its board of directors arbitrarily”

EasyLabs (formerly Binance Labs) announced a statement and criticized, “The board of directors of Nasdaq-listed CEA Industries, which is heavily investing in BNB, is ignoring the voices of shareholders and excessively expanding their authority.” It added, “The board is currently trying to introduce a poison pill (a right for existing shareholders to respond to attempts to infringe on management rights by purchasing shares at a price lower than market value), which is an unfriendly act towards shareholders. Also, most shareholders invested after seeing CEA Industries' strategy of focusing on BNB, but the board is trying to change this strategy. The board is prioritizing its own interests over the company's interests.”