Nasdaq-listed CEA Industries plans to raise $500 million through a PIPE to increase its holdings in BNB

Odaily Planet Daily reported that Nasdaq-listed CEA Industries disclosed that it had submitted an S-3 registration statement to the U.S. Securities and Exchange Commission last Friday, intending to raise $500 million through PIPE to support the increase in BNB holdings. In addition, the company also disclosed that it would conduct warrant transactions of up to $750 million.