Justin Sun: As a BNC shareholder, supporting YZi Labs' proposal and action to build a better BNB ecosystem

By: theblockbeats.news|2026/01/14 11:30:17

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BlockBeats News, January 14th, Justin Sun stated that as a shareholder of CEA Industries (BNC), he firmly supports YZi Labs' proposal and actions to build a better BNB ecosystem.

Earlier on January 7th, YZi Labs stated that the CEA Industries (BNC) board adopted a poison pill plan to prevent shareholders from exercising written consent rights, urging the board to avoid further manipulative actions. YZi Labs pointed out that the BNC board had postponed the 2025 annual meeting scheduled for December 17th, calling on the board to avoid further manipulative actions and ensure a fair director nomination and election process. In addition, YZi Labs refuted BNC's claim that they had never considered an alternative token strategy, stating that BNC CEO David Namdar had explicitly mentioned considering a switch to assets like Solana during the November 2025 meeting.

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