YZi Labs questions 10X Capital for holding over 5% of CEA Industries without disclosure, demanding submission of SEC documents for explanation.

SmartContractAuditor · 2026-02-28T04:01:19+00:00

YZi Labs issued a statement stating that 10X Capital may hold more than 5% of the company's shares by the end of 2025, but has not yet submitted the relevant documents required by the SEC. The company calls for clarification of the shareholding situation to comply with the disclosure requirements of the Securities Exchange Act.

SmartContractAuditor

2026-02-28 04:01:19

Abstract generation in progress

Odaily Planet Daily reports that YZi Labs issued a statement stating that the company’s latest documents show that 10X Capital Asset Management LLC and its affiliates may have held over 5% of the company’s issued common stock before the end of 2025, but have not yet submitted the Schedule 13D disclosure required by the U.S. Securities and Exchange Commission (SEC).

YZi Labs pointed out that, based on the company’s publicly disclosed warrant exercise data, approximately 2.376 million warrants have been exercised, corresponding to about 5.39% of the company’s issued shares. YZi Labs stated that it did not exercise any of the warrants, so it is inferred that this portion of shares mainly comes from 10X related entities.

The statement also said that 10X and the company’s director Hans Thomas have not publicly disclosed their shareholding percentages, nor have they submitted the relevant shareholding disclosure documents as required. YZi Labs urges the relevant parties to clarify their holdings as soon as possible and disclose whether there is a “related holding group” that needs to be disclosed under Section 13(d)(3) of the Securities Exchange Act.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.