CEA Industries Inc. (BNC) reported financial results for its second fiscal quarter (Q2) ended October 31, 2025. The company posted net income of USD 283.6 million for the period, which includes a USD 206.8 million gain related to a change in the fair value of warrant liability. Earnings per share $(EPS)$ for the quarter were USD 5.36. During the quarter, BNC closed a USD 500 million private placement, with the potential to reach up to USD 1.25 billion in gross proceeds if all associated warrants are exercised. The company also launched a USD 250 million stock buyback program and acquired 1.8 million shares of common stock for USD 11.3 million, at an average price of USD 6.27 per share. BNC began trading under its new Nasdaq ticker "BNC" on August 6, 2025, and exceeded 500,000 BNB tokens in its digital asset treasury. The company announced ongoing plans for further strategic accumulation of BNB, aiming to own 1 percent of the total BNB supply, alongside continued share repurchases.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CEA Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9602669) on December 15, 2025, and is solely responsible for the information contained therein.
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