CEA Industries and 10X Capital Announce $500.00M Private Placement with YZi Support

CEA Industries (Nasdaq: VAPE), with support from YZi Labs, announced the completion of a $500.00M private placement, with $400.00M in cash and $100.00M in cryptocurrency, to establish the world's largest and first listed treasury company focused on the BNB chain. The transaction is expected to be completed on July 31, with a maximum total financing of up to $1.25B, with participation from over 140 institutions including Pantera, GSR, dao5, and Arrington. David Namdar will serve as CEO. [Wu Blockchain]