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Nano Labs Announces Investment in BNB Strategic Reserve Company CEA INDUSTRIES INC

Summary: Nano Labs announced its investment in the BNB strategic reserve company CEA INDUSTRIES INC to further strengthen the BNB strategic reserve. According to the agreement, Nano Labs subscribed to 495,050 shares of Class A common stock of CEA INDUSTRIES INC at a price of $10.10 per share. The investment also includes an equal number of ...

Nano Labs announced its investment in the BNB strategic reserve company CEA INDUSTRIES INC to further strengthen the BNB strategic reserve. According to the agreement, Nano Labs subscribed to 495,050 shares of Class A common stock of CEA INDUSTRIES INC at a price of $10.10 per share. The investment also includes an equal number of 495,050 warrants with an exercise price of $15.15 per share. If all warrants are exercised, Nano Labs will hold a maximum of 990,100 shares in the company. This investment round includes the subscription of 495,000 shares of common stock and an equal number of warrants to support its $500 million PIPE financing plan. As of the date of this announcement, Nano Labs holds approximately 128,000 BNB tokens.

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