Company: BNBX
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001104659-25-094465
Chunk: 9

Company: BNB PLUS CORP.
Filing Date: 2025-09-29
Form: 8-K
Item: Item 3.02
Chunk 9
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Item 3.02 Unregistered Sale of Equity Securities.

The information contained above in Item 1.01 relating
to the issuance of the Common Stock, the Shares, the Common Warrants, the Prefunded Warrants, and the Advisory Warrants is hereby incorporated
by reference into this Item 3.02.

Neither this Current Report on Form 8-K nor any
exhibit attached hereto is an offer to sell or the solicitation of an offer to buy shares of Common Stock or other securities of the Company.

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 28, 2025,
Judith Murrah informed the Company of her intention to step down from her positions as the Company’s Chief Executive Officer and
President effective September 29, 2025. As described below, Ms. Murrah’s title is Strategic Transition Advisor and she will remain
as Chairperson of the Company’s Board of Directors (the “ Board”) until a new Chairperson is duly confirmed by the Nominating
Committee of the Board and thereafter as a member of the Board. Ms. Murrah’s resignation is not the result of any dispute or disagreement
with the Company or the Board on any matter relating to the Company’s operations, policies or practices.

On September 28, 2025,
Sanford R. Simon informed the Company of his intention to step down from his position as a member of the Company’s Board effective
September 29, 2025. Mr. Simon’s resignation is not the result of any dispute or disagreement with the Company or the Board on any
matter relating to the Company’s operations, policies or practices

In connection with Ms.
Murrah’s resignation, Ms. Murrah and the Company entered into a separation agreement dated September 29, 2025 (the “ Separation
Agreement”), pursuant to which during a transition period commencing on the date of the Separation Agreement and ending twenty (20)
business days thereafter (the “ Separation Date”), Ms. Murrah’s title is Strategic Transition Advisor and she will remain
as Chairperson of the Board until a new Chairperson is duly confirmed by the Nominating Committee of the Board and thereafter as a member
of the Board. The Company shall pay to Ms. Murrah, contingent upon her compliance with the terms of the Separation Agreement, a rate of
$340,