YZi Labs' open letter refutes CEA board's lies: the secret agreement had already been terminated and the board was aware of it.

YZi Labs issued a letter to the board of directors of CEA Industries, denying allegations of a "secret subsidiary agreement" and disclosing that the relevant Strategic Services Agreement (SSA) was terminated on December 11, 2025, and that the board was aware of this prior to the termination. YZi Labs stated that the CEA board and its legal counsel, Winston & Strawn, were involved in and aware of the agreement's structure, and that relevant directors and management were directly involved in the negotiation and execution; therefore, the agreement was not "secret." YZi Labs also pointed out that it has never received any payments since the termination of the SSA, and the alleged fee sharing "does not exist." YZi Labs requested the CEA board to clarify its public statements regarding its lack of knowledge of the agreement and to disclose related-party transactions involving 10X Capital/Hans Thomas.