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CEA Industries Director Read Resigns, Board Seeks Successor

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CEA Industries Director Read Resigns, Board Seeks Successor

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CEA Industries ( (BNC) ) has shared an announcement.

On December 30, 2025, CEA Industries director Russell Read notified the board that he would resign effective January 1, 2026, after accepting a new role that prohibits service on external boards; the company stated his departure was not related to any disagreement over its operations, policies, or practices. Read and Chairman and President Tony McDonald highlighted his contributions in analytical rigor and capital markets expertise and reiterated confidence in the company’s digital treasury strategy focused on BNB, while the board signaled its intention to fill the vacancy through its ongoing search for an independent director, aiming to maintain strong governance and oversight for shareholders.

The most recent analyst rating on (BNC) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on CEA Industries stock, see the BNC Stock Forecast page.

Spark’s Take on BNC Stock

According to Spark, TipRanks’ AI Analyst, BNC is a Neutral.

The score is driven primarily by improved TTM financials (revenue inflection, positive net income, and solid cash flow) and a low-debt balance sheet, but tempered by concerns about the sustainability/quality of profits and historical volatility. Technicals remain weak versus longer-term averages, and valuation support is limited by a negative P/E and no dividend data; corporate events are constructive but introduce concentration/strategy risk.

To see Spark’s full report on BNC stock, click here.

More about CEA Industries

CEA Industries Inc. operates in the digital finance and treasury solutions space, with a particular emphasis on a digital treasury strategy dedicated to BNB, positioning the company within emerging, blockchain-linked financial infrastructure markets.

Average Trading Volume: 795,262

Technical Sentiment Signal: Strong Sell

Current Market Cap: $282.4M

For a thorough assessment of BNC stock, go to TipRanks’ Stock Analysis page.

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