Company: BNBX
Filing Date: 2025-12-30
Form Type: 424B3
Source: 0001104659-25-125037
Chunk: 38

Company: BNB PLUS CORP.
Filing Date: 2025-12-30
Form: 424B3
Chunk 38
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 and clear of any security interests, pledges, liens, restrictions, claims or encumbrances of any kind, and on or prior to
5:00 p.m. (New York City time) on the five year anniversary of such date, and may also be exercised on a cashless basis
at any time beginning six 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.

Subject to limited exceptions,
a holder of Pre-Funded Warrants, Series E Warrants, Placement Agent Warrants, Advisory Warrants and Consultant Warrants will not
have the right to exercise any portion of its warrants if the holder, together with its affiliates, would beneficially own in excess
of 4.99% (or, at the election of the holder, 9.99%) of the number of shares of our Common Stock outstanding immediately after giving
effect to such exercise (the “Beneficial Ownership Limitation”); provided, however, that upon 61 days’ prior notice
to the Company, the holder may increase or decrease the Beneficial Ownership Limitation, provided that in no event shall the Beneficial
Ownership Limitation exceed 9.99%.

Fundamental Transactions

In the case of certain fundamental
transactions affecting the Company, a holder of Pre-Funded Warrants, Series E Warrants, Placement Agent Warrants, Advisory Warrants
and Consultant Warrants, upon exercise of such warrants after such fundamental transaction, will have the right to receive, in lieu of
shares of the Common Stock, the same amount and kind of securities, cash or property that such holder would have been entitled to receive
upon the occurrence of the fundamental transaction, had such warrants been exercised immediately prior to such fundamental transaction.

Adjustments

The exercise price and number
of the shares of our Common Stock issuable upon the exercise of the Pre-Funded Warrants, Series E Warrants, Placement Agent Warrants,
Advisory Warrants and Consultant Warrants will be subject to adjustment in the event of any stock dividends and splits, recapitalization,
reorganization or similar transaction, as described in the applicable warrants.

Call Provision

The Series E Warrants,
Placement Agent Warrants, Advisory Warrants and Consultant Warrants are subject to a call provision pursuant to which if, (i) the
VWAP of the Common Stock for