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CEA Industries Appoints Brent Miller as Chief Financial Officer

MWN-AI** Summary

On March 10, 2026, CEA Industries Inc. (NASDAQ: BNC) announced the appointment of Brent Miller as its new Chief Financial Officer, effective immediately. With over 20 years of extensive experience in financial reporting, accounting, and capital markets, Miller joins CEA as the company pursues its strategy to manage the world's largest corporate treasury of the digital asset BNB.

Before his appointment, Miller served as the Chief Accounting Officer at Figure Technology Solutions, a blockchain-focused financial technology company, where he played a crucial role in the firm’s reorganization and initial public offering. His impressive background also includes leadership positions as the Chief Financial Officer at reAlpha Tech Corp., as well as significant roles within Sunlight Financial Holdings Inc. and KKR Real Estate Finance Trust Inc. His diverse experience across public companies positions him well to enhance CEA Industries' governance and operational framework.

David Namdar, CEO of CEA Industries, expressed enthusiasm for Miller's arrival, emphasizing that his expertise in internal controls, financial reporting, and capital markets will support the company's ambitious BNB treasury strategy, ultimately enhancing shareholder value. Miller also expressed excitement about joining CEA at a crucial development phase, highlighting the significant opportunities to leverage growth within the BNB ecosystem.

CEA Industries is known for its focus on building and managing leading businesses in consumer markets and aims to further solidify its leadership in the rapidly evolving digital asset landscape. The company provided caution regarding forward-looking statements, emphasizing the inherent risks and uncertainties that could impact future performance. Overall, Miller's appointment is seen as a vital step in strengthening CEA's financial leadership and governance as it looks to capitalize on its strategic initiatives in the digital asset space.

MWN-AI** Analysis

The recent appointment of Brent Miller as Chief Financial Officer of CEA Industries Inc. (NASDAQ: BNC) signals a strategic pivot for the company as it seeks to enhance its operations around its substantial BNB digital asset treasury. Miller’s extensive background—over 20 years in financial reporting, capital markets, and internal controls—positions him as an asset in navigating the complexities of managing the world’s largest corporate treasury of BNB.

Investors should view this transition positively; a seasoned CFO can provide stability and strategic foresight in a rapidly evolving market characterized by innovation and volatility. Miller's prior experience at Figure Technology Solutions, particularly during its IPO and reorganization, indicates he has relevant expertise in managing financial transparency and governance—key areas for investor confidence, especially in the digital asset space, which can be subject to scrutiny.

As BNC continues to position itself within the BNB ecosystem, the potential for growth is significant. Given the increasing adoption of decentralized finance (DeFi) solutions and digital assets, BNC may capitalize on this trend to drive shareholder value. Miller’s focus on leveraging BNB's growth could lead to efficient treasury management practices that optimize returns and strategically reinvest in innovation.

However, investors should remain aware of the inherent risks. The digital asset landscape is unpredictable, subjecting BNC to fluctuations in BNB’s valuation and regulatory challenges. Moreover, BNC's ability to finance its endeavors—particularly in acquiring additional BNB—will play a critical role in its sustainability and growth. Therefore, while this leadership change marks an exciting chapter for CEA Industries, potential investors must conduct thorough due diligence, weighing the prospects against the associated risks within this dynamic market.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Miller has over 20 years of experience in financial reporting, accounting and capital markets
Appointment of seasoned financial executive supports the Company’s BNB digital asset treasury strategy

LOUISVILLE, CO, March 10, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: BNC) ("BNC" or the "Company"), a growth-oriented company focused on managing the world's largest corporate treasury of BNB, today announced that its Board of Directors has appointed Brent Miller as Chief Financial Officer, effective March 9, 2026.

Mr. Miller has over 20 years of financial reporting, accounting, and finance leadership experience, most recently as Chief Accounting Officer of Figure Technology Solutions, a publicly traded blockchain-native financial technology and digital asset company, where he helped guide the company through its reorganization and initial public offering.

“I am excited to welcome Brent to BNC,” said David Namdar, the Company’s Chief Executive Officer. “His expertise in financial reporting, internal controls and capital markets activities positions him well to help strengthen the governance and operational foundation that will support our ability to successfully execute our BNB treasury strategy and enhance value for shareholders. I am confident that Brent’s financial and public company leadership experience will serve BNC well during this stage of its growth and beyond.”

“I am excited to join BNC at such a pivotal moment in its development," said Brent Miller, incoming Chief Financial Officer. "As the world's largest corporate BNB treasury, the Company has a significant opportunity to leverage the continued growth of the BNB ecosystem, and I look forward to working with the team to realize BNC’s potential and deliver sustainable growth and value.”

About Brent Miller

Mr. Miller has over 20 years of experience spanning financial reporting, accounting policy, internal controls, and capital markets across demanding public company environments. Most recently, he served as Chief Accounting Officer of Figure Technology Solutions, Inc., guiding the company through its reorganization and initial public offering. He also served as Chief Financial Officer of reAlpha Tech Corp., an AI-driven real estate technology company, where he oversaw capital markets activities and financial reporting. Prior to that, he was Chief Accounting Officer of Sunlight Financial Holdings Inc., a technology-enabled point-of-sale finance company, and Chief Financial Officer and Treasurer of KKR Real Estate Finance Trust Inc., a commercial mortgage REIT managed by KKR & Co. Inc. Earlier in his career, he held several finance leadership roles at Fortress Investment Group LLC, including Controller of New Residential Investment Corp. and Vice President of Finance. Mr. Miller holds a B.S.B.A. in Accounting and Finance and a B.S. in Computer Information Science from The Ohio State University.

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 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. 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 that may have affected and could in the future affect 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, including 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. 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 are qualified in their entirety by cautionary statements and risk factor disclosures contained in BNC's filings with the SEC. 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.

CEA Industries Media Inquiries:
Edelman Smithfield
CEA@edelmansmithfield.com

CEA Industries Investor Relations:
james@haydenir.com


FAQ**

How might Brent Miller's experience with Surna Inc. Ordinary Shares SRNA influence his approach to managing BNC's BNB digital asset treasury strategy?

Brent Miller's experience with Surna Inc. may lead him to adopt a more cautious and strategic approach in managing BNC's BNB digital asset treasury strategy, emphasizing risk mitigation and long-term sustainability based on lessons learned from previous challenges.

Considering Miller's background, how does he plan to integrate lessons learned from Surna Inc. Ordinary Shares SRNA into BNC’s financial reporting and internal controls?

Miller intends to leverage insights gained from Surna Inc.'s financial practices and internal control structures to enhance BNC's reporting accuracy and operational efficiency, ensuring robust compliance and strategic alignment in their financial dealings.

What strategic initiatives will Brent Miller implement at BNC that may draw inspiration from his work with companies like Surna Inc. Ordinary Shares SRNA?

Brent Miller may implement strategic initiatives at BNC focused on innovation in technology integration, sustainability practices, and enhancing operational efficiencies, drawing inspiration from his experience with Surna Inc.'s emphasis on advanced cultivation practices and environmental stewardship.

How could fluctuations in the market for Surna Inc. Ordinary Shares SRNA impact BNC's capital markets strategy under Brent Miller's leadership?

Fluctuations in the market for Surna Inc. Ordinary Shares SRNA could lead BNC to adjust its capital markets strategy by either increasing or decreasing investment in growth initiatives, altering risk assessments, and reassessing partnerships and funding sources under Brent Miller's leadership.

**MWN-AI FAQ is based on asking OpenAI questions about CEA Industries Inc. (NASDAQ: BNC).

CEA Industries Inc.

NASDAQ: BNC

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