Company: BNBX
Filing Date: 2025-01-17
Form Type: 424B3
Source: 0001104659-25-004510
Chunk: 37

Company: BNB PLUS CORP.
Filing Date: 2025-01-17
Form: 424B3
Chunk 37
---
) warrants to purchase up to 15,973,289 shares of Common 
 Stock.                                                                                                                      |

| (10) | Represents Common Stock                                                                                        
 underlying (i) 3,750,000 Series C Warrants and (ii) 3,750,000 Series D Warrants to purchase an aggregate of up 
 to 3,750,000 shares of Common Stock.                                                                           |

<div align='center'>16</div>

| (11) | The                                                                                                                              
 securities are directly held as of January 3, 2025, by L1 Capital Global Opportunities Master Fund (“L1”), and may be            
 deemed to be beneficially owned by David Feldman and Joel Arber, who exercise investment and voting control over the securities. 
 The address of L1 is 161A Shedden Road, 1 Artillery Court, PO Box 10085, Grand Cayman KY1-1001, Cayman Islands.                  |

| (12) | Consists of (i) 3,125,000                                                                                                   
 shares of Common Stock, (ii) Series C Warrants to purchase up to 3,125,000 shares of Common Stock, (iii) Series D           
 Warrants to purchase up to 3,125,000 shares of Common Stock and (iv) warrants to purchase up to 15,430,128 shares of Common 
 Stock.                                                                                                                      |

| (13) | Represents Common Stock                                                                                        
 underlying (i) 3,125,000 Series C Warrants and (ii) 3,125,000 Series D Warrants to purchase an aggregate of up 
 to 6,250,000 shares of Common Stock.                                                                           |

| (14) | The                                                                                                                                      
 securities are directly held as of January 3, 2025, by Sabby Volatility Warrant Master Fund, Ltd. (“Sabby”). Sabby                       
 Management, LLC is the investment manager of Sabby and shares voting and investment power with respect to these shares in this capacity. 
 As manager of Sabby Management, LLC, Hal Mintz also shares voting and investment power on behalf of Sabby. Each of Sabby Management,     
 LLC and Hal Mintz disclaims beneficial ownership over the securities listed except to the extent of their pecuniary interest therein.    
 The address of Sabby is c/o Capitva (Cayman) Ltd, Governors Square, Bldg. 4, 2nd Floor, 23 Lime Tree Bay Avenue, P.O