YZi Labs criticizes CEA Industries' defensive measures and calls for the election of new board members.

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According to Foresight News , YZi Labs has again responded to CEA Industries' adoption of a "poison pill" plan and defensive bylaws amendments. YZi Labs expressed disappointment that the board is clearly prioritizing its own position over shareholder interests and strongly urged the board to cease its manipulative practices and ensure a free and fair nomination and election process for directors. Furthermore, YZi Labs refuted the company's claim that it had "never considered alternative tokens for Digital Asset Library (DAT)." YZi pointed out that this claim is completely false, as BNC CEO David Namdar clearly stated at an industry conference in November 2025 that BNC had considered switching to other crypto assets such as Solana.

YZi Labs emphasizes that shareholders should be represented by a board of directors that is loyal to its investment strategy and looks forward to providing shareholders with the opportunity to elect new board members at the annual shareholders' meeting.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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