Lookonchain APP

App Store
Feeds Articles

Yzi Labs Investment Partner Accuses CEA Industries of Maliciously Delaying Shareholders' Meeting, Jeopardizing Listing Status

2026.02.13 17:29:16

February 13 — Alex Odagiu, partner at Yzi Labs, has accused the board of directors of CEA Industries of “extremely reckless” conduct in delaying its annual general meeting (AGM), a move that could risk Nasdaq delisting. The letter notes more than 400 days have passed since the company’s last shareholder meeting (December 17, 2024). The board attempted to extend the meeting interval to 16 months via an “accounting maneuver” that shifted the fiscal year-end to April 30. Odagiu alleged the board’s actions were aimed at avoiding a shareholder vote. Last December, he said, the board used a “skiing holiday” as cover to block shareholder democracy—implementing a poison pill plan and amending corporate bylaws. While the board may have sought technical compliance, the letter emphasized its “malicious manipulation” could trigger Nasdaq’s delisting discretion. Yzi Labs is demanding the board immediately announce the 2025 AGM date and halt actions jeopardizing the company’s listing status—efforts the firm claims are intended to preserve the board’s seats.
Add to Favorites Download image Share x Copy link
Relevant content

The probability of the Fed keeping interest rates unchanged in April is 99.5%

As of April 4th, CME’s FedWatch Tool shows the probability the Federal Reserve will hike rates by 25 basis points at its April meeting stands at 0.5%, with the odds of holding rates steady at 99.5%.

7 hours ago

U.S. Judge Denies Rehearing of Ruling on Fed Chair Powell Probe

April 4: A U.S. judge has denied a rehearing of a ruling involving Fed Chair Powell’s probe. (CNBC)

7 hours ago

Institution: US Labor Market Still Fragile, with a 40% Chance of Entering an Economic Recession

April 4th — EY-Parthenon Senior Economist Lydia Boussour noted Wednesday that while U.S. March employment data showed a strong rebound, the labor market remains fragile. Against a backdrop of policy uncertainty, businesses are growing more cautious: hiring intentions are cooling, and firms are increasingly prioritizing protecting profit margins by boosting productivity rather than expanding headcount. “Looking ahead, we anticipate the U.S. labor market will be largely frozen in 2026 — marked by selective hiring, muted wage growth, and strategic workforce adjustments amid a historically tight labor supply environment.” Boussour projects job growth will run slightly below the breakeven level, pushing the unemployment rate to gradually rise to around 4.7%. “With the Middle East conflict ongoing, downside risks remain dominant — and there’s a 40% probability of a U.S. economic recession,” she added. (Source: FX678)

7 hours ago

The current mainstream CEX, DEX funding rate indicates a weakening bearish sentiment in the market

On April 4, data from Coinglass shows that as Bitcoin trades within a narrow range, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate a slight easing of bearish sentiment in the market. Specific funding rate details are available in the attached image. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with underlying asset values. This mechanism facilitates fund transfers between long and short traders—exchanges do not collect the fee themselves. It adjusts the cost or profit of contract holders to maintain price parity between contracts and their underlying assets. A 0.01% funding rate acts as the baseline: rates above 0.01% signal generally bullish sentiment, while rates below 0.005% indicate a predominantly bearish outlook.

7 hours ago

In the past 24 hours, the entire network has seen $133 million in liquidations, with both longs and shorts getting liquidated.

On April 4th, per Coinglass data, total crypto liquidations across the network hit $133 million over the past 24 hours, with $77.83 million in long position liquidations and $54.89 million in short position liquidations.

7 hours ago

Federal Reserve's Daly: Fed Should Focus on Employment Rates, Not Jobs Data

**April 4th – Federal Reserve official Daly said the U.S. economy no longer needs to generate large numbers of jobs to keep the employment-population ratio steady. In this environment, monthly hiring figures no longer accurately reflect labor market health, and the unemployment rate is a more reliable measure.** **“Ratios and indicators like the employment-population ratio, unemployment rate, quit rate or hiring rate capture changes in workforce size, making them clearer reflections of labor market health,” she stated.** **Source: FX678**

7 hours ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join