Company: BNBX
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001104659-25-094465
Chunk: 2

Company: BNB PLUS CORP.
Filing Date: 2025-09-29
Form: 8-K
Item: Item 1.01
Chunk 2
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unded Warrants in exchange for shares of Common
Stock is subject to certain beneficial ownership limitations set forth therein. Each of the Common Warrants and Cryptocurrency
Common Warrants is exercisable for one share of Common Stock at the exercise price of $3.82 per share of Common Stock (a
“ Common Warrant Share”). The Common Warrants are exercisable for cash immediately upon issuance and thereafter may be
exercised at any time until five (5) years after such issuance. The Cryptocurrency Common Warrants are exercisable for cash on or
after the later of (i) the date the Stockholder Approval is obtained and (ii) the date that the Subscription Amount is delivered in
transferrable form reasonably acceptable to the Company with good and marketable title and is free and clear of any security
interests, pledges, liens, restrictions, claims or encumbrances of any kind, and thereafter may be exercised at any time until five
(5) years after the date of their initial issuance. The Common Warrants and the Cryptocurrency Common Warrants may also be exercised
on a cashless basis at any time beginning six (6) months after their initial issuance if, at the time of exercise, there is no
effective registration statement registering, or the prospectus contained therein is not available for, the resale of the Common
Warrant Shares by the holder thereof and are subject to cancellation by the Company if they are not exercised after certain
specified trading criteria of the Common Stock is satisfied.

The Common Stock, the Shares, the Common Warrants,
the Cryptocurrency Common Warrants, the Common Warrant Shares, the Prefunded Warrants, the Cryptocurrency Prefunded Warrants and the
Prefunded Warrant Shares are being offered in reliance upon the exemption from the registration requirement of the Securities Act of
1933, as amended (the “ Securities Act”), pursuant to Section 4(a)(2) thereof and/or Rule 506(b) of Regulation D promulgated
thereunder, and applicable state securities laws. The issuances of the Common Stock, the Shares, the Common Warrants, the Cryptocurrency
Common Warrants, the Prefunded Warrants and the Cryptocurrency Prefunded Warrants have not been registered under the Securities Act and
such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities
Act and any applicable state securities laws.

Registration Rights Agreements

In connection with entering into the Securities
Purchase