Stock events for CEA Industries, Inc. (BNC)
In the past six months, CEA Industries Inc. stock experienced several notable events. Shares surged nearly 19% on November 28 following an activist investor's campaign and the appointment of a new independent director. On November 27, the stock gained approximately 3.8% due to the company's announcement highlighting its position as holding the world's largest Binance Coin (BNB) token treasury. On November 25, the shares were up 2.28% in pre-market activity, rebounding from near their 52-week low. Earlier, the company announced it filed for a $50 million ATM offering, which led to its shares trading lower. The stock has also seen daily fluctuations, with increases on various dates in November.
Demand Seasonality affecting CEA Industries, Inc.’s stock price
The provided search results do not contain specific information about the demand seasonality for CEA Industries Inc.'s products and services.
Overview of CEA Industries, Inc.’s business
CEA Industries Inc., through its subsidiary Surna Cultivation Technologies LLC, focuses on providing environmental control and other technologies and services to the controlled environment agriculture (CEA) industry in the United States and Canada. The company offers a range of products and services for cultivation facilities, including architectural design, engineering, climate control systems, and LED lighting. They also retail and manufacture e-cigarettes, vape devices, and e-liquids, and have recently pivoted to focus on the Canadian nicotine vape industry, serving commercial, state- and provincial-regulated CEA growers.
BNC’s Geographic footprint
CEA Industries Inc. is headquartered in Louisville, Colorado, United States, and focuses on serving the controlled environment agriculture (CEA) industry in the United States and Canada through its subsidiary, Surna Cultivation Technologies LLC.
BNC Corporate Image Assessment
The provided search results do not contain specific information about CEA Industries Inc.'s brand reputation in the past year. However, the recent activist investor activity and the company's strategic pivot towards a significant Binance Coin (BNB) treasury could influence public perception and investor confidence.
Ownership
The provided search results do not contain specific details about major institutional and individual owners of CEA Industries Inc.
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