Company: BNBX
Filing Date: 2025-12-22
Form Type: S-1/A
Source: 0001104659-25-123402
Chunk: 51

Company: BNB PLUS CORP.
Filing Date: 2025-12-22
Form: S-1/A
Chunk 51
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,420 shares of Common Stock, and (ii) in a concurrent private placement
(the “October 2024 Private Placement,” and together with the October 2024 RDO, the “October 2024 Offering”)
unregistered Series C Common Stock Purchase Warrants to purchase up to 27,083 shares of Common Stock and unregistered Series D
Common Stock Purchase Warrants to purchase up to 27,083 shares of Common Stock. In connection with the October 2024 Offering, the
Company also entered into an engagement letter, dated August 23, 2024, with Craig-Hallum Capital Group LLC (the “Placement
Agent”), pursuant to which the Company agreed to issue to the Placement Agent, or its respective designees, Placement Agent Warrants
to purchase up to 1,355 shares of Common Stock.

The October 2024 Offering
closed on October 31, 2024. The Company received gross proceeds from the October 2024 Offering, before deducting placement
agent fees and other estimated offering expenses payable by the Company, of approximately $6.5 million.

Each of the above securities
were not registered under the Securities Act and were issued in reliance on the exemptions from registration provided by Section 4(a)(2) under
the Securities Act and Regulation D promulgated thereunder, for transactions not involving a public offering.

<div align='center'>II-2</div>

2025 Private Placement

On September 29, 2025,
the Company entered into the Cash Securities Purchase Agreement, pursuant to which it agreed to issue and sell to certain of the Selling
Stockholders, at an offering price of $3.32 per Share, an aggregate of 4,620,485 Cash Common Shares (and/or Cash Pre-Funded Warrants
in lieu thereof), and Series E-1 Warrants to purchase 4,620,485 Shares at a per share exercise price of $3.82. Also on September 29,
2025, the Company entered into the Crypto Securities Purchase Agreement, pursuant to which it agreed to issue and sell to certain of
the Selling Stockholders 3,444,164 Crypto Pre-Funded Warrants at a per share exercise price of $3.82 and 3,444,164 Series E-2 Warrants
at a per share exercise price of $3.82.

The Cash Private Placement
closed on October 3, 2025 and the Crypto Private Placement closed on October 21, 202