Company: BNBX
Filing Date: 2025-01-17
Form Type: 424B3
Source: 0001104659-25-004510
Chunk: 44

Company: BNB PLUS CORP.
Filing Date: 2025-01-17
Form: 424B3
Chunk 44
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 type or form of consideration
(and in the same proportion), at the Black Scholes Value of the unexercised portion of the Private Placement Warrants that is being offered
and paid to the holders of Common Stock in connection with the fundamental transaction, whether that consideration is in the form of
cash, stock or any combination of cash and stock, or whether the holders of Common Stock are given the choice to receive alternative
forms of consideration in connection with the fundamental transaction.

Transferability

In accordance with its
terms and subject to applicable laws, a Private Placement Warrant may be transferred at the option of the holder upon surrender of the
Private Placement Warrant to us together with the appropriate instruments of transfer and payment of funds sufficient to pay any transfer
taxes (if applicable).

Fractional Shares

No fractional shares
of Common Stock will be issued upon the exercise of the Private Placement Warrants. Rather, the number of shares of Common Stock to be
issued will, at our election, either be rounded up to the nearest whole number or we will pay a cash adjustment in respect of such final
fraction in an amount equal to such fraction multiplied by the exercise price.

Trading Market

There is no established
trading market for the Private Placement Warrants, and we do not expect a market to develop. We do not intend to apply for a listing
for the Private Placement Warrants on any securities exchange or other nationally recognized trading system. Without an active trading
market, the liquidity of the Private Placement Warrant will be limited.

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Rights as a Shareholder

Except as otherwise provided in the Private Placement
Warrants or by virtue of the holders’ ownership of shares of Common Stock, the holders of Private Placement Warrants do not have
the rights or privileges of holders of our shares of Common Stock, including any voting rights, until such Private Placement Warrant
holders exercise their warrants.

Possible Anti-Takeover Effects of Delaware Law and our Certificate of Incorporation and By-Laws

Our Certificate of Incorporation contains provisions
that could make it more difficult to acquire control of our company by means of a tender offer, open market purchases, a proxy contest
or otherwise. A description of these provisions is set forth below.

Anti-Takeover Effects of Delaware Law

Companies incorporated in Delaware are subject
to the provisions of Section 203 of the DGCL, or Section 203, unless the corporation has “opted out” of these provisions
with an express provision in