Alex, an investment partner at YZi Labs, wrote an open letter to the CEA board of directors, warning of potential delisting risks after 400 days without a shareholders' meeting.

Alex, an investment partner at YZi Labs, has sent an open letter to the board of directors of CEA Industries, stating that the company has not held its annual general meeting (AGM) for over 400 days and questioning whether it is circumventing Nasdaq rules by adjusting its fiscal year, potentially facing delisting risks. The letter states that the company's delay in holding the 2025 AGM may trigger compliance issues and demands the immediate announcement of the meeting date, otherwise, the company will disclose relevant information to Nasdaq and the courts.