YZi Labs accuses the CEA Industries Board of Misleading Shareholders Regarding the Strategic Services Agreement

DeepFlowTech · 2026-02-10T15:34:46+00:00

YZi Labs has issued an open letter to the CEA Industries Board of Directors, accusing them of releasing false information, claiming that the agreement with YZi Labs is a "secret agreement" and has been terminated, questioning why the board still demands the termination of a non-existent contract, and pointing out that 10X Capital has not paid fees, harming shareholder interests.

DeepFlowTech

2026-02-10 15:34:46

Abstract generation in progress

Deep Tide TechFlow News, February 10 — According to YZi Labs, a public letter has been sent to the CEA Industries Board of Directors, accusing them of publishing false information in a press release on February 4. The letter states that the board incorrectly described the agreement with YZi Labs as a “secret agreement,” when in fact, board members and legal counsel Winston & Strawn were aware. Additionally, YZi Labs indicated that the Strategic Service Agreement (SSA) was terminated on December 11, 2025, and the board was notified in writing on December 13, questioning why they still demanded termination of a contract that no longer exists two months later. The letter also pointed out that 10X Capital has never paid any fees to YZi Labs, and Hans Thomas used this terminated agreement as an excuse to protect 10X’s Asset Management Agreement (AMA) fee stream, harming CEA shareholders’ interests.

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