Company: BNBX
Filing Date: 2025-11-04
Form Type: 424B5
Source: 0001104659-25-105958
Chunk: 31

Company: BNB PLUS CORP.
Filing Date: 2025-11-04
Form: 424B5
Chunk 31
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NB, the price of which has been, and will likely continue to be, highly volatile.

We may use the net proceeds from any offering
by the Company to purchase additional BNB. BNB is a highly volatile asset. In addition, BNB does not pay interest. The ability to generate
a return on investment from the net proceeds from any offering by the Company will depend on whether there is appreciation in the value
of BNB following our purchases of BNB with the net proceeds from any offering by the Company. Future fluctuations in BNB’s trading
prices may result in our converting BNB purchased with the net proceeds from this offering into cash with a value substantially below
the net proceeds from such an offering.

There is substantial doubt relating to our ability to continue as a going concern.

We have recurring net losses, which have resulted
in an accumulated deficit of $373,888,601 as of June 30, 2025. We have incurred a net loss of $9,888,942 for the nine months ended
June 30, 2025. At June 30, 2025, we had cash and cash equivalents of $4,727,677. We have concluded that these factors raise
substantial doubt about our ability to continue as a going concern for one year from the issuance of the June 30, 2025 financial
statements. We will continue to seek to raise additional working capital through public equity, private equity or debt financings. If
we fail to raise additional working capital, or do so on commercially unfavorable terms, it would materially and adversely affect our
business, prospects, financial condition and results of operations, and we may be unable to continue as a going concern. If we seek additional
financing to fund our business activities in the future and there remains substantial doubt about our ability to continue as a going concern,
investors or other financing sources may be unwilling to provide additional funding to us on commercially reasonable terms, if at all.
The closing of the Cash Private Placement was on October 3, 2025 and the closing of the Cryptocurrency Private Placement was on October 21,
2025, and we received net proceeds, after deducting placement agent fees and other estimated offering expenses payable by us, of approximately
$14.4 million in the Cash Private Placement and $10.9 million in the Cryptocurrency Private Placement. As a result of the Cash Private
Placement, our consolidated cash balance as of October 3, 2025 was approximately $