YZi Labs Pressures CEA Industries to Clarify Stockholder Written Consent Rights
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YZi Labs Management Ltd., a major shareholder of CEA Industries Inc., is urging the company's Board of Directors to clarify the new bylaws regarding shareholders' written consent rights. They express concerns that the amended bylaws may restrict shareholder participation in the consent process, particularly for those whose shares are held through brokers. YZi Labs has filed a preliminary consent statement with the SEC to expand the Board and elect new directors, encouraging all shareholders to review the consent materials as they become available.
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