YZi Labs Refutes “Secret Side Agreement” Claims by BNC and Confirms SSA Termination

TLDR: YZi Labs formally terminated the SSA on Dec 11, 2025, with full notice to BNC Board. The SSA was publicly disclosed in Schedule 13D and consent solicitation filings. YZi Labs repeatedly offered to waive all fees to support AMA amendments. No agreement involving YZi Labs currently blocks any changes to the Asset Management Agreement. [...]

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