Company: BNBX
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001104659-25-094465
Chunk: 13

Company: BNB PLUS CORP.
Filing Date: 2025-09-29
Form: 8-K
Item: Item 8.01
Chunk 13
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Item 8.01 Other Events.

Placement Agent
Warrants

In connection with the Offering, on August 10,
2025, the Company entered into an engagement agreement with the Placement Agent (the “ Placement Agent Agreement”), pursuant
to which the Placement Agent agreed to act as Placement Agent for the Offering. The term of the Placement Agent Agreement is ninety (90)
days from September 9, 2025. If the Company closes the Offering, the term of the Placement Agent Agreement shall be extended until the
earlier of (i) the closing date of an at-the-market offering of the Company’s Common Stock (the “ ATM Offering”), or
(ii) ninety (90) days from the closing of the Offering. Pursuant to the Placement Agent Agreement, the Company agreed to pay the Placement
Agent fees and warrants as follows: (i) if the Company completes the Offering, a fee equal to 7.0% of gross proceeds raised in the Offering;
(ii) at the closing of the Offering, the Company will sell to the Placement Agent warrants (the “ Placement Agent Warrants”)
to purchase Common Stock equal to 5.0% of Common Stock sold in such offering at a price of $50; (iii) if the Company completes an ATM
Offering, a sales commission of 3.0% of gross proceeds from the securities sold in the Offering; and (iv) if the Company consummates a
business combination for the purpose of potentially effectuating a digital asset treasury company strategy, a fee equal to 3.5% of the
consideration paid or received by the Company in such transaction. The exercise price per share of the Placement Agent Warrants is equal
to 115% of the price of the Common Stock issued in Offering. The Placement Agent Warrants are exercisable for cash, in whole or in part,
at any time and from time to time, for a period of five (5) years from the date of issuance and 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 underlying shares of Common Stock by the holder
thereof.

If the Offering closes, the Placement Agent Warrants
and the shares of Common Stock underlying the Placement Agent Warrants will be offered in reliance upon the exemption from the registration
requirements of the Securities Act