Current Report · Items 8.01, 9.01 · 8-K
BNB Standard Corporation
Other Events
Item 8.01 Other Events On February 18, 2026, CEA Industries Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors (the “Board”) has made a proposal to 10X Capital Asset Management LLC (“10X”) to amend that certain Asset Management Agreement, dated August 5, 2025, by and between the Company and an affiliate of 10X.…
Filed Feb 18, 2026Accepted Feb 18, 2026, 4:59 PM ESTCIK 1482541Accession 0001493152-26-007346
Company context
Current securities
Historical securities (6)
Registered securities in this filing
CEA INDUSTRIES INC. · 8-K · Filed 2026-02-18
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Common Stock, par value $0.00001
- Symbol
- BNC
- Exchange
- NASDAQ
- Classification
- COMMON
Filing context
Context: From2026-02-182026-02-18_custom_CommonStockParValue0.00001Member
Dimensions: us-gaap:StatementClassOfStockAxis
Warrants to purchase Common Stock
- Symbol
- BNCWW
- Exchange
- NASDAQ
- Classification
- WARRANT
Filing context
Context: From2026-02-182026-02-18_custom_WarrantsToPurchaseCommonStockMember
Dimensions: us-gaap:StatementClassOfStockAxis
Preferred stock purchase rights
- Symbol
- No trading symbol declared
- Exchange
- NASDAQ
- Classification
- RIGHT
Filing context
Context: From2026-02-182026-02-18_custom_PreferredStockPurchaseRightsMember
Dimensions: us-gaap:StatementClassOfStockAxis
No-trading-symbol fact: true
Accession 000149315226007346 · 3 registered-security cover members
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Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events
On
February 18, 2026, CEA Industries Inc. (the “Company”) issued a press release announcing that the Company’s Board of
Directors (the “Board”) has made a proposal to 10X Capital Asset Management LLC (“10X”) to amend that certain
Asset Management Agreement, dated August 5, 2025, by and between the Company and an affiliate of 10X. The press release is filed as Exhibit
99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htmExhibit
99.1
CEA
Industries Board Advances Plan to Revise Asset Management Deal
Proposed
amendment aims to lower management fees, reduce term and modify termination provision
Louisville,
Colorado - February 18, 2026 - CEA Industries Inc. (Nasdaq: BNC) (“BNC” or the “Company”), a
growth-oriented company focused on managing the world’s largest corporate treasury of BNB, today announced that BNC’s Board
of Directors (the “Board”) has made a proposal to 10X Capital Asset Management LLC (“10X”) to amend the Company’s
Asset Management Agreement (the “AMA”).
Among
other enhancements, the Board is seeking lower management fees, a shorter term and a more favorable termination provision. 10X has indicated
its willingness to work cooperatively with the Company to amend the AMA, and the Company seeks to resolve these discussions expeditiously.
The
Board believes that an amended AMA, including a more cost-efficient structure, will enhance operational flexibility and support long-term
value creation. The Board looks forward to constructive discussions to renegotiate the AMA for the benefit of all stockholders.
The
Board’s proposal follows a comprehensive review of the AMA and related matte…
Open exhibit ↗