BNB Treasury Company CEA Industries has submitted a $500 million PIPE registration statement

ChainCatcher news, according to GlobeNewswire, BNB Treasury Company CEA Industries, which is listed on the US stock market, disclosed that it has submitted an S-3 automatic registration statement for a $500 million private equity investment (PIPE) and up to $750 million in warrant transactions.

Its CEO David Namdar stated, "We are buying BNB every day and have a significant amount of unused funds to continue building our asset reserves."