Company: BNBX
Filing Date: 2025-10-30
Form Type: S-1
Source: 0001104659-25-103871
Chunk: 170

Company: BNB PLUS CORP.
Filing Date: 2025-10-30
Form: S-1
Chunk 170
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 additional shares of the Company’s Common Stock for issuance in the form of equity-based awards to employees, directors, consultants, and other service providers, and those of the Company’s affiliates. The maximum total grant date fair value of awards granted under the 2020 Incentive Plan to individuals in their capacity as non-employee directors may not exceed $ in any single calendar year. The 2020 Incentive Plan’s expiration date is September 15, 2030.

The 2020 Incentive Plan is designed to retain directors, executives, and selected employees and consultants by rewarding them for making contributions to the Company’s success with an award of options to purchase shares of Common Stock. As of September 30, 2024, a total of shares have been issued and options to purchase shares have been granted under the Company’s Incentive Plans.

In 2005, the Board of Directors and the holders of a majority of the outstanding shares of Common Stock approved the 2005 Incentive Stock Plan, as amended and restated as of January 21, 2015 (the “2005 Incentive Plan”, collectively with the 2020 Incentive Plan, the “Company’s Incentive Plans”). Effective as of September 16, 2020, no further awards will be made under the Company’s 2005 Incentive Stock Plan, as amended and restated.

Transactions involving stock options issued are summarized as follows:

| ​                                 
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 Number of 
    Shares | ​ 
 ​ 
 ​ | ​                  
 ​                  
 Weighted Average   
 Exercise Price Per 
 Share              |        ​ 
        ​ | ​ 
 ​ 
 ​ | ​         
 ​         
 Aggregate 
 Intrinsic 
 Value     | ​ 
 ​ 
 ​ |            ​ 
     Weighted 
      Average 
  Contractual 
 Life (years) |
|:----------------------------------|:--|----------:|:--|:-------------------|---------:|:--|:----------|:--|-------------:|
| Outstanding at October 1, 2023    |   |   110,537 | ​ | $                  |   201.27 | ​ | ​         | ​ |            ​ |
| Granted                           |   |         — | ​ | ​                  |        — | ​ | ​         | ​ |            ​ |
| Exercised                         |