CEAD Overview

Ticker Symbol Change: CEA Industries Inc. will change its NASDAQ ticker symbol from "CEAD" to "VAPE" effective June 13, 2025, reflecting its strategic focus on the vaping industry following the acquisition of Canadian vape retailer Fat Panda.

Company's Growth Strategy: The change in ticker symbolizes CEA Industries' commitment to building a market-leading consumer brand in the regulated vape sector, enhancing visibility and positioning with investors and customers as it expands operations.

Conference Call Announcement: CEA Industries will hold a live conference call today at 4:30 PM ET to discuss its acquisition of Fat Panda and outline new strategic priorities aimed at growth and enhancing shareholder value.

Investor Resources: An updated investor presentation is available on the company's website, which will be used in upcoming meetings with analysts and investors to provide insights into the company's focus on the Canadian nicotine vape industry.

Conference Call Announcement: CEA Industries Inc. will host a conference call today, June 11, 2025, at 4:30pm ET to discuss its strategic priorities following the acquisition of Fat Panda and plans for growth and shareholder value enhancement.

Company Overview: CEA Industries focuses on building businesses in regulated consumer markets, particularly in the Canadian nicotine vape industry, providing capital and expertise to accelerate retail expansion and long-term value creation.

Company Participation: CEA Industries Inc. will participate in the Sidoti Conference virtually on June 11-12, 2025, with a presentation scheduled for June 12 at 10:45 a.m. ET and 1x1 investor meetings available throughout the day.

Business Focus: CEA Industries is focused on building businesses in regulated consumer markets, particularly in the Canadian nicotine vape industry, providing capital and expertise to enhance retail expansion and e-commerce infrastructure.

Acquisition Update: CEA Industries Inc. is progressing with its acquisition of Fat Panda Ltd., a major Canadian retailer and manufacturer of nicotine vape products, expecting to finalize the deal in the first half of 2025, pending customary closing conditions.

Financial Performance: Fat Panda reported CAD $38.5 million in revenue for fiscal 2024, showing over 10% growth from the previous year, despite a decline in gross margins, highlighting its strong market position and potential for future expansion under CEA Industries.

Acquisition Announcement: CEA Industries Inc. is under a non-binding Letter of Intent to acquire a specialty retailer and manufacturer, aiming to enhance its retail footprint and profitability through cash, shares, and debt financing.

Future Plans and Conditions: The company plans to finalize the acquisition by early 2025, pending due diligence, regulatory approvals, and other customary conditions, while emphasizing the uncertainties involved in completing such transactions.