Company: BNBX
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001104659-25-094465
Chunk: 3

Company: BNB PLUS CORP.
Filing Date: 2025-09-29
Form: 8-K
Item: Item 1.01
Chunk 3
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 Agreement, on or prior to the Closing Date, the Company and the Cash Purchasers intend to enter into a Registration Rights Agreement
(the “ Cash Registration Rights Agreement”) and the Company and the Cryptocurrency Purchasers intend to enter into a Registration
Rights Agreement (the Cryptocurrency Registration Rights Agreement”), pursuant to which the Company will agree to file a registration
statement with the U. S. Securities and Exchange Commission (the “ SEC”) within thirty (30) days of the Closing Date registering,
as applicable, the resale of the Common Stock sold in the Offering or underlying the Prefunded Warrants, the Cryptocurrency Prefunded
Warrants, the Common Warrants, the Cryptocurrency Warrants, the Advisory Warrants (as described below) and the Placement Agent Warrants
(as described below).

Strategic DAS Agreement

In connection with the Offering, on September
29, 2025, the Company entered into a strategic digital assets services agreement (the “ Strategic DAS Agreement”) with Cypress
LLC, a Puerto Rico limited liability company (the “ Services Provider”), pursuant to which the Company appointed the Services
Provider to provide discretionary asset management services (i) in compliance with the Company’s BNB Strategy, (ii) with respect
to any other cryptocurrency or digital asset strategies subject to the Company’s approval, in each case, solely with respect to
the Account Assets (as defined below) in the accounts or cryptocurrency “wallets” identified by the Company after consultation
with the Services Provider (collectively, the “ Account”) for an initial term of five (5) years, which will automatically and
without further action renew for successive one (1) year terms unless the Company or the Services Provider notifies the other in writing
of its desire not to renew the Strategic DAS Agreement at least thirty (30) days prior to the expiration of the term in effect.

The assets subject to the Strategic DAS Agreement
consist of (i) the proceeds of the Offering, and (ii) any additional assets designated by the Company as “ Account Assets”
in writing, in each case which the Company agrees it has placed or will place into the Account, as well as all investments or reinvestments
thereof, proceeds of, income on and additions or accretions to same, including all assets which are or were in the Account, but which
are staked from time to time in accordance with the Strategic DAS Agreement (together, the “ Account Assets”). The Account
Assets will be held in