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YZi Labs slams CEA Industries over ‘poison pill’ and delayed annual meeting


YZi Labs slams CEA Industries over ‘poison pill’ and delayed annual meeting

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YZi Labs criticizes CEA Industries' (BNC) adoption of a stockholder rights plan viewed as a poison pill. This decision follows YZi Labs' formation of a stockholder group. The measures were instituted last December to counteract potential takeovers.

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YZi Labs, a significant shareholder in CEA Industries, aka  BNC, has just issued a statement criticizing the company’s recent adoption of a stockholder rights plan, which it called a poison pill, and the amendment to its bylaws.  Those measures were implemented by BNC last December in response to YZi Labs creating a stockholder group that […]
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