Company: BNBX
Filing Date: 2025-10-30
Form Type: S-1
Source: 0001104659-25-103871
Chunk: 211

Company: BNB PLUS CORP.
Filing Date: 2025-10-30
Form: S-1
Chunk 211
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 shares of the Company’s Common Stock and pre-funded warrants to purchase up to 162 shares of Common Stock, and in a concurrent private placement, unregistered common warrants (the “January 2024 Common Warrants”) to purchase up to 753 shares of Common Stock. Also on January 31, 2024, in connection with the January 2024 Offering, the Company entered into purchase agreements with the purchasers in the January 2024 Offering (the “January 2024 Purchase Agreements”).The January 2024 Offering closed on February 2, 2024. The Company received gross proceeds from the January 2024 Offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, of approximately $3.4 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.October 2024 OfferingOn October 30, 2024, the Company entered into a securities purchase agreement with certain institutional investors, pursuant to which the Company agreed to issue and sell, (i) in a registered direct public offering (the “October 2024 RDO”) 25,663 shares of the Company’s Common Stock and pre-funded warrants to purchase up to 1,420 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