CEA Industries (BNC) Announces Appointment of Annemarie Tierney to Board of Directors

Rhea-AI Summary

CEA Industries (Nasdaq: BNC) announced the appointment of Annemarie Tierney to its Board of Directors, effective November 26, 2025.

Tierney is founder and principal of Liquid Advisors and has held executive strategy or legal roles at Templum, Nasdaq Private Market, SecondMarket Holdings, NYSE, Skadden Arps, and the U.S. Securities and Exchange Commission. She brings experience in digital asset regulation, U.S. securities law, market structure, public company reporting, and corporate governance, and holds FINRA Series 7, 63, and 24 licenses.

The appointment adds governance and regulatory expertise to a board that includes Hans Thomas, Russell Read, Tony McDonald, Carly Howard, and Nick Etten, and management says the hire supports BNC’s focus on regulatory alignment and institutional readiness.

Positive

• Board addition effective Nov 26, 2025
• Adds digital-asset regulation and market-structure expertise
• Brings SEC and public‑company reporting experience
• Holds FINRA Series 7, 63, 24 licenses

Negative

• None.

Market Reality Check

$0.0968 Last Close

Volume Volume 562,710 is below the 20-day average of 700,553, indicating muted trading interest pre-announcement. normal

Technical Shares at $7.28 are trading below the 200-day MA of $11.67, reflecting a longer-term downtrend.

Peers on Argus

While BNC was down 3.19%, peers like HY, TWI, WNC, AEBI, and ASTE all showed gains between 0.91% and 2.75%, pointing to stock-specific weakness rather than an industry move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 04	Strategy update	Positive	-6.3%	Reaffirmed BNB DAT strategy and detailed 515,554 BNB holdings.
Nov 28	Board appointment	Positive	+20.6%	Added Annemarie Tierney, enhancing regulatory and governance expertise.
Nov 19	Treasury dashboard	Positive	+4.0%	Launched public BNB Treasury Dashboard and disclosed capital activity.
Nov 10	Conference participation	Neutral	-3.7%	Announced participation in Cantor Crypto & AI/Energy conference.
Oct 21	Treasury milestone	Positive	-1.3%	Reported 500,000 BNB holdings and outlined long-term BNB accumulation goal.

Pattern Detected

News has generally been positive, but price reactions are mixed, with several governance and treasury updates selling off despite constructive messaging.

Recent Company History

This announcement adds another governance-focused milestone to BNC’s recent news flow. On Oct 21, 2025, the company highlighted crossing 500,000 BNB in holdings. That was followed by an Oct 21 8-K and an Nov 19, 2025 launch of a public Treasury Dashboard detailing 515,054 BNB and capital activity. On Nov 28, 2025, BNC first announced Annemarie Tierney’s appointment, which coincided with a strong 20.6% move. A Dec 4, 2025 response to YZi reaffirmed the BNB DAT strategy but saw a -6.35% reaction, underscoring volatile sentiment around strategic communications.

Market Pulse Summary

This announcement highlights BNC’s continued emphasis on governance and regulatory depth as it manages a large BNB treasury. Adding Annemarie Tierney brings experience in digital asset regulation, U.S. securities law, and market structure, complementing prior steps like the Treasury Dashboard launched on Nov 19, 2025. Investors may watch how this board composition supports regulatory alignment, disclosure quality, and future updates on BNB holdings and capital markets activity.

Key Terms

digital asset financial

"a strategic consulting firm serving a wide range of clients in the digital asset industry."

A digital asset is a representation of value or rights that exists only in electronic form—like digital versions of cash, stocks, or collectibles kept in a virtual wallet. They are transferred and recorded using computer systems that make copying or tampering difficult, and can include currencies, tokenized shares, or unique digital items. Investors care because digital assets can offer new ways to diversify, trade and raise capital, but they also bring different risks around price swings, custody and regulation.

digital asset regulation regulatory

"She brings extensive experience in digital asset regulation and policy, U.S. securities law"

Rules and laws that govern how digital assets — such as cryptocurrencies, tokens, and other blockchain-based instruments — can be created, bought, sold, held and advertised. Think of it as traffic rules for a new type of money: they shape who can participate, how safe transactions are, what disclosures are required, and the costs of compliance, all of which affect price stability, market access and legal risk for investors.

u.s. securities law regulatory

"experience in digital asset regulation and policy, U.S. securities law and market structure,"

A body of U.S. federal and state rules that governs the sale, offering and trading of stocks, bonds and other investment contracts, requiring certain disclosures, registrations and prohibiting deceptive practices. Think of it as the rulebook and traffic system for financial markets that helps keep information flowing and prevents fraud. Investors care because these laws shape what companies must reveal, the legal risk around securities, and the reliability of the information used to make investment decisions.

market structure technical

"experience in digital asset regulation and policy, U.S. securities law and market structure,"

Market structure describes how a financial market is organized — who can trade, where and when trades happen, the rules and systems that match buyers and sellers, and how prices are discovered. For investors it matters because the structure affects trading costs, speed, and fairness; like the layout and rules of a farmers’ market, it influences how easy it is to buy or sell, the prices you pay, and the risk of surprises.

finra series 7 regulatory

"She holds FINRA Series 7, 63, and 24 licenses."

FINRA Series 7 is the professional qualification and license that lets a brokerage representative buy and sell a broad range of investments—stocks, bonds, mutual funds and other securities—on behalf of clients, comparable to a driver’s license for financial advisers. It matters to investors because passing the exam shows the adviser has met regulator-set knowledge and competency standards, enabling oversight and helping clients judge that their broker understands products, rules and basic risks.

finra series 63 regulatory

"She holds FINRA Series 7, 63, and 24 licenses."

The Series 63 is a licensing exam that financial representatives must pass to legally solicit or execute securities business within a U.S. state, covering state securities laws, fraud prevention, and basic ethical duties. For investors, it signals that the person selling investments has been tested on the rules that protect local investors—like a driver's license that shows someone knows traffic laws before getting behind the wheel of financial advice.

finra series 24 regulatory

"She holds FINRA Series 7, 63, and 24 licenses."

A FINRA Series 24 is a regulatory license that authorizes a person to supervise and manage a broker-dealer’s sales and trading activities, compliance with securities rules, and the work of registered representatives. For investors, knowing a firm’s supervisors hold this license is like knowing a team has a certified coach: it signals that experienced, regulated professionals are overseeing trade approvals, record-keeping and rule compliance, which helps reduce operational and compliance risk for clients.

AI-generated analysis. Not financial advice.

Louisville, CO, Nov. 28, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) (“BNC” or the “Company”), which manages the world’s largest corporate treasury of BNB, today announced that Annemarie Tierney, Founder and Principal of Liquid Advisors, has been appointed to the Company’s Board of Directors, effective as of Wednesday, November 26^th, 2025.

Tierney joins a seasoned board comprising Hans Thomas, Russell Read, Tony McDonald, Carly Howard, and Nick Etten, collectively bringing extensive experience across public markets, governance, investment oversight, and digital-asset market structure.

Tierney is the Founder and Principal of Liquid Advisors, a strategic consulting firm serving a wide range of clients in the digital asset industry. Tierney is an experienced board and advisory board member. Tierney has held executive strategy and/or legal roles at Templum, Inc., Nasdaq Private Market, SecondMarket Holdings (now Digital Currency Group where she led the efforts to structure, launch and obtain OTC QX approval to publicly trade the Grayscale Bitcoin Investment Trust (GBTC), and to trade bitcoin through SecondMarket’s broker dealer (now Genesis Global Trading)), the NYSE, Skadden Arps (London and NYC), and the U.S. Securities and Exchange Commission. She brings extensive experience in digital asset regulation and policy, U.S. securities law and market structure, public company reporting obligations, and corporate governance.

She is a long-time member of the Board of Directors of the Association of SEC Alumni (ASECA), where she also served as President from 2023 to 2025. She previously served on the SEC’s Advisory Committee on Small and Emerging Companies. She holds FINRA Series 7, 63, and 24 licenses.

“We are building a board with the expertise and judgment required for the next phase of BNC’s growth,” said David Namdar, CEO of CEA Industries. “Annemarie brings globally recognised leadership in regulation and governance, and her appointment further solidifies BNC’s foundations as we pursue our mission to build the world’s largest and most transparent BNB treasury.”

Commenting on the appointment, Annemarie Tierney said: “BNC is building a governance framework and operational model that aligns with the expectations of regulators, institutional investors, and public-company stakeholders. I look forward to working with the Board and management team as the Company continues to strengthen its regulatory alignment, oversight processes, and long-term strategic direction.”

ENDS

CEA Industries Media Inquiries: bnc@cw8.co
Investor Relations: james@haydenir.com

About CEA Industries Inc.

CEA Industries Inc. (Nasdaq: BNC) is a growth-oriented company that has focused on building category-leading businesses in consumer markets, including building and managing the world’s largest corporate treasury of Binance Coin (BNB). BNC offers investors institutional-grade exposure to BNB.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This press release specifically contains forward-looking statements regarding BNC’s expectations or beliefs regarding (i) the Company’s position as the largest BNB treasury in the world; (ii) the long-term growth and adoption of the BNB ecosystem; (iii) BNC’s role in advancing BNB’s global adoption; (iv) the growth of interest from institutional partners and investors worldwide; (v) BNC being the most trusted and strategically positioned digital asset treasury; (vi) BNC’s ability to scale its holdings and introduce innovative structures, which result in lasting value to shareholders and (vii) updates and expansion of the dashboard. BNC wishes to caution readers that these forward-looking statements may be affected by the risks and uncertainties in BNC’s business as well as other important factors may have affected and could in the future effect BNC’s actual results and could cause BNC’s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of BNC. In evaluating these forward-looking statements, readers should consider various risk factors, which include, but are not limited to, BNC’s ability to keep pace with new technology and changing market needs; BNC’s ability to finance its current business and proposed future business, including the ability to finance the continued acquisition of BNB; the competitive environment of BNC’s business; and the future value and adoption of BNB. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions and risks, many of which are beyond BNC’s control. In addition, these forward-looking statements and the information in this press release is qualified in its entirety by cautionary statements and risk factor disclosures contained in BNC’s filings with the SEC, including BNC’s Form 10-K filed with the SEC on March 27, 2025, and Form 10-KT filed with the SEC on July 25, 2025, each as may be amended or supplemented from time to time. Copies of BNC’s filings with the SEC are available on the SEC’s website at www.sec.gov. BNC undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

FAQ

Who is Annemarie Tierney and when did she join CEA Industries (BNC) board?

Annemarie Tierney is founder of Liquid Advisors and joined the BNC board effective November 26, 2025.

What expertise does Annemarie Tierney bring to BNC (Nasdaq: BNC)?

She brings expertise in digital asset regulation, U.S. securities law, market structure, and corporate governance.

Which other board members serve with Annemarie Tierney at CEA Industries (BNC)?

The board includes Hans Thomas, Russell Read, Tony McDonald, Carly Howard, and Nick Etten.

How does CEA Industries describe the purpose of Tierney’s appointment to the BNC board?

The company said the appointment strengthens governance and regulatory alignment as it pursues institutional readiness.

What prior roles support Tierney’s regulatory and governance experience for BNC (BNC)?

She held roles at Templum, Nasdaq Private Market, SecondMarket Holdings, NYSE, Skadden Arps, and the U.S. SEC.

Does Annemarie Tierney hold any professional licenses relevant to BNC’s operations?

Yes. She holds FINRA Series 7, 63, and 24 licenses.