CEA INDUSTRIES INC

CEA Industries (now BNC) staged a rally in regular trading, climbing 5.2% to $2.925 as of 09:42 ET, after opening pre-market at $2.880 and dipping to $2.782 before reversing. The catalyst was the completion of a $500 million private placement, adoption of BNB as the primary reserve asset, and its official rename to BNB Network Company (BNC), alongside FY26 net income turning positive to $115.2 million and BNB holdings of $319.6 million. However, the stock remains 96.5% below its 52-week high of $82.88 and down 54.5% YTD, and while it has moved above the 20-day MA ($2.443) and 60-day MA ($2.736), its EPS was negative for the last two quarters (Q4 -$0.359, Q3 -$2.004), and net profit margins were -761% and -1,453%, reflecting persistent fundamental losses.