YZi Labs posted a new article on X, demanding immediate SEC disclosures, alleging that undisclosed warrant exercises may have pushed 10X Capital’s ownership above 5%, raising concerns about transparency, potential reporting violations, and the existence of an undisclosed insider “group. ” YZi Labs cited company filings suggesting that 10X Capital Asset Management LLC and affiliates beneficially own more than 5% of CEA Industries Inc. shares, and criticizes the lack of a required Schedule 13D filing by 10X and board member Hans Thomas. The firm argues that 10X’s silence following public calls for clarification raises concerns that mandatory SEC reporting requirements may have been deliberately avoided, limiting shareholder transparency
source: https://www.binance.com/en/square/post/296391144678945?utm_source=BinanceNewsRSS