Company: BNBX
Filing Date: 2025-12-22
Form Type: S-1/A
Source: 0001104659-25-123402
Chunk: 50

Company: BNB PLUS CORP.
Filing Date: 2025-12-22
Form: S-1/A
Chunk 50
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 of being or having been directors or officers. The coverage provided
by these policies may apply whether or not the registrant would have the power to indemnify such person against such liability under
the provisions of the Delaware General Corporation Law.

These indemnification provisions
and the indemnification agreements the registrant intends to enter into between the registrant and the registrant’s officers and
directors may be sufficiently broad to permit indemnification of the registrant’s officers and directors for liabilities (including
reimbursement of expenses incurred) arising under the Securities Act of 1933, as amended.

| Item 15. | Recent Sales of Unregistered Securities |

January 2024 Offering

On January 31, 2024,
the Company entered into a Placement Agreement (the “January 2024 Placement Agreement”) with Maxim Group (“Maxim”)
pursuant to which Maxim agreed to serve as the sole placement agent, on a “reasonable best efforts” basis, in connection
with an offering (the “January 2024 Offering”) of 216 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 Offering

On 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