Market data from COINOTAG News on November 28 shows the CEA Industries token BNC, backed by YZi Labs, within the BNB Version Micro Strategy framework, has fallen more than 92% from its all-time high of $82.88 and is trading around $5.97.
In a separate development, YZi Labs filed a preliminary consent letter with the SEC to broaden the CEA Industries board and appoint new directors, signaling governance changes are being considered to bolster oversight.
Ella Zhang, head of YZi Labs, said the planned director slate aims to address stock underperformance and operational gaps, with the goal of unlocking value that should accrue to shareholders.