CEA Industries changes fiscal year end to April 30 following acquisitions

Published 03/07/2025, 23:10
CEA Industries changes fiscal year end to April 30 following acquisitions

CEA Industries Inc. (NASDAQ:CEAD) announced a change to its fiscal year end, moving it from December 31 to April 30. The decision was made by the company’s Board of Directors on June 29, 2025, and will take effect with the new fiscal year ending April 30, 2025.

According to the company’s statement, the adjustment is intended to align CEA Industries’ financial reporting with the operational and reporting periods of Fat Panda Ltd., 7446285 Manitoba Ltd., Fat Panda Direct Ltd., and 10050200 Manitoba Ltd., which were acquired as of June 6, 2025.

As a result of the change, CEA Industries will file a transition Annual Report on Form 10-KT on or before September 29, 2025. The company noted that this deadline is subject to extension if it files a Report on Form 12b-25.

The company’s by-laws allow the Board of Directors to determine the fiscal year as needed. CEA Industries’ common stock and warrants are listed on the Nasdaq Capital Market under the symbols CEAD and CEADW, respectively.

This information is based on a press release statement contained in a Form 8-K filing with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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