Company: BNBX
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001104659-25-034898
Chunk: 38

Company: BNB PLUS CORP.
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 38
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) 406,250 Series C warrants, each to purchase one share of the Company’s Common Stock (“ Series C Warrants ”), (ii) 406,250 Series D warrants, each to purchase one share of the Company’s Common Stock (“ Series D Warrants ”, and, together with the Series C Warrants, the “ October Series Warrants ”) and (iii) 20,313 Placement Agent Warrants, each to purchase one share of the Company’s Common Stock (“ Placement Agent Warrants ”, and, together with the October Series Warrants, the “ Private Placement Warrants ”), and the issuance of the Common Stock underlying such Private Placement Warrants, which warrants were issued in connection with an offering of securities of the Company that occurred on October 30, 2024. The information set forth in this Proposal No. 4 is qualified in its entirety by reference to the full text of the form of Purchase Agreement (as defined below), form of Series C Warrant, form of Series D Warrant and form of Placement Agent Warrant, attached as exhibits 10.1, 4.2, 4.3 and 4.4, respectively, to our Current Report on Form 8-K filed with the SEC on October 31, 2024. Stockholders are urged to carefully read these documents. Background On October 30, 2024, the Company entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain institutional investors (each, a “ Purchaser ” and, collectively, the “ Purchasers ”), pursuant to which the Company agreed to issue and sell (i) in a registered direct public offering (the “ Registered Direct Offering ”) of 406,250 shares (“Shares”) of the Company’s Common Stock and pre-funded warrants (“ Pre-Funded Warrants ”) to purchase up to 406,250 shares of Common Stock, and (ii) in a concurrent private placement (the “ Private Placement ”, and together with the Registered Direct Offering the “ Offering ”), unregistered Series C Warrants to purchase up to 406,250 shares of Common Stock and unregistered Series D Warrants to purchase up to 406,250 shares of Common Stock. The purchase price for each Share and accompanying Series C Warrant and Series D Warrant was $16.00 and the purchase price for each Pre-Funded Warrant and accompanying Series C Warrant and Series D Warrant was $16.00. Craig-Hallum Capital Group LLC (“ Craig