- CEA Industries Inc. (BNC) announced it holds **480,000 BNB tokens** acquired at an average cost of **$860 per BNB**, totaling approximately **$412.8 million** invested.  **[1482541_0001493152-25-017242_ex99-1.htm:0]** 
- As of **October 6, 2025**, the estimated value of its BNB holdings was **$585.5 million**, and the company also retains **$77.5 million** in unencumbered cash and cash equivalents.  **[1482541_0001493152-25-017242_ex99-1.htm:0]** 
- Total crypto and cash holdings amounted to **$663 million** as of **October 6, 2025**.  **[1482541_0001493152-25-017242_ex99-1.htm:0]** 
- BNB token prices reached an all-time high of **$1,236.74** on **October 6, 2025**, solidifying BNC's position as the world's largest BNB Treasury Company.  **[1482541_0001493152-25-017242_ex99-1.htm:0]** 
- BNC aims to own **1% of the total BNB token supply by the end of 2025**.  **[1482541_0001493152-25-017242_ex99-1.htm:0]**

BNC Reports 480,000 BNB Tokens and $663 Million in Total Crypto and Cash Holdings

- CEA Industries Inc. (BNC) announced on **September 22, 2025**, that its Board of Directors authorized a **stock repurchase program of up to $250 million** of the company's common stock.  **[1482541_0001493152-25-014939_ex99-1.htm:0]** **[1482541_0001493152-25-014939_form8-k.htm:1]** 
- The company has entered into an **Open Market Share Repurchase Agreement** with **Cantor Fitzgerald & Co.** to act as a non-exclusive agent for the repurchases, which may occur through open market purchases, privately negotiated transactions, or other permitted means, including Rule 10b-18 trading plans.  **[1482541_0001493152-25-014939_ex10-1.htm:0]** **[1482541_0001493152-25-014939_form8-k.htm:1]** 
- The program's goal is to enhance net asset value per share and deliver sustained returns for shareholders, with the timing and amount of repurchases being flexible and dependent on market conditions and other factors.  **[1482541_0001493152-25-014939_ex99-1.htm:0]**

CEA Industries Inc. Board Authorizes $250 Million Stock Buyback Program

- CEA Industries Inc. (BNC) reported its **Fiscal Q1 2026** financial results for the period ended **July 31, 2025**.  **[1482541_0001493152-25-014564_ex99-1.htm:0]** 
- The company announced and closed a **$500 million private placement** on **August 5, 2025**, with the potential to deliver up to **$1.25 billion** in gross proceeds if all associated warrants are exercised.  **[1482541_0001493152-25-014564_ex99-1.htm:0]** 
- BNC is embracing a new **BNB Digital Asset Treasury Strategy**, targeting **1% ownership of BNB's total supply** by year-end 2025.  **[1482541_0001493152-25-014564_ex99-1.htm:0]**  The acquisition of these digital assets commenced subsequent to the Q1 reporting period and will be reflected in the Fiscal Q2 financials.  **[1482541_0001493152-25-014564_ex99-1.htm:0]** 
- The company's common stock began trading under the new ticker symbol "**BNC**" on Nasdaq on **August 6, 2025**.  **[1482541_0001493152-25-014564_ex99-1.htm:0]**

BNC Reports Fiscal Q1 2026 Results and BNB Digital Asset Treasury Strategy

- CEA Industries Inc. (BNC) filed an **S-3 automatic registration statement** on **September 19, 2025**, for its previously disclosed **$500 million PIPE transaction** and up to **$750 million warrant transaction**.  **[1482541_0001493152-25-014360_ex99-1.htm:0]** 
- CEO David Namdar released a letter to shareholders on **September 21, 2025**, providing an update on the company's strategy to accumulate **BNB** as a corporate treasury asset.  **[1482541_0001493152-25-014360_ex99-1.htm:0]** **[1482541_0001493152-25-014360_form8-k.htm:1]** 
- The company noted that **BNB** has increased by **35.6%** since BNC's transaction closure on **August 5, 2025**, and **47.5% year to date** in 2025.  **[1482541_0001493152-25-014360_ex99-1.htm:0]** **[1482541_0001493152-25-014360_ex99-1.htm:1]** 
- BNC also announced a **board-authorized $250 million share repurchase program** designed to capture discounts to NAV and improve BNB per share concentration.  **[1482541_0001493152-25-014360_ex99-1.htm:1]**

CEA Industries Files Registration Statement for PIPE Transaction and Announces Share Repurchase Program

- **CEA Industries (BNC)** has disclosed it holds **388,888 BNB tokens**, valued at approximately **$330 million**, and aims to acquire 1% of BNB's total supply before 2026.  **[1482541_20250903LN64458:0]** 
- The company completed a **$500 million capital raise** from over **140 institutional investors** and rebranded by changing its ticker from VAPE to BNC, signaling its transformation into a dedicated BNB investment vehicle.  **[1482541_20250903LN64458:0]** **[1482541_20250903LN64458:1]** 
- With potential additional warrant proceeds of **$750 million**, BNC's total BNB holdings could increase to over **$1.25 billion**, positioning it for significant institutional exposure to blockchain infrastructure.  **[1482541_20250903LN64458:1]**

CEA Industries Reveals Significant BNB Token Holdings and Strategic Transformation

- **CEA Industries (BNC)** has strategically shifted its focus to become the world's largest corporate holder of **BNB tokens**, with current treasury holdings exceeding **350,000 BNB tokens**, an increase of more than **150,000 tokens** beyond its initial **200,000 purchase**.  **[1482541_20250828LN61245:0]** 
- This strategy was funded by a **$500 million private placement** specifically earmarked for BNB token acquisition, and the company changed its ticker symbol from VAPE to BNC to reflect its new identity.  **[1482541_20250828LN61245:0]** 
- Key leadership appointments include **David Namdar** as CEO and **Russell Read** as CIO, bringing significant crypto and institutional finance experience to the company.  **[1482541_20250828LN61245:1]**