Company: BNBX
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001104659-25-002521
Chunk: 28

Company: BNB PLUS CORP.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 28
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 eligible for trading or quotation on any alternative exchanges or markets.

<div align='center'>10</div>

Delisting from Nasdaq could adversely affect
our ability to raise additional financing through public or private sales of equity securities, would significantly affect the ability
of investors to trade our securities and would negatively affect the value and liquidity of our Common Stock. Delisting could also have
other negative results, including the potential loss of confidence by employees and customers, the loss of institutional investor interest
and fewer business development opportunities.

Pursuant to the Purchase Agreement, the Company
is required to effect a reverse stock split of its outstanding shares of Common Stock if, at any time after the Stockholder Approval
Date, it is not incompliance with Nasdaq’s Bid Price Rule and has received a deficiency letter from the Listing Qualifications
Department of The Nasdaq Stock Market LLC (the “Reverse Stock Split”). The Company must effect the Reverse Stock Split within
30 days of the Stockholder Approval Date; provided that if within such 30 day period the Company regains compliance with the Bid Price
Rule, the Company shall have no obligation to effect the Reverse Stock Split. The Company intends to implement a reverse stock split
of its outstanding securities to regain compliance with the Bid Price Rule and to comply with the provisions of the Purchase Agreement.
The Series D Warrants include a provision that resets their exercise price in the event of a reverse split of our Common Stock. For more
information, please see “Description of Capital Stock – Private Placement Warrants – Reverse Split.” The May
2024 Series Warrants (as defined below) also include a provision that resets their exercise price in the event of a reverse split of
our Common Stock. For more information, please see “Risk Factors – Stockholders may suffer substantial dilution if certain
provisions in the May 2024 Series Warrants are utilized.”

<div align='center'>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

This prospectus and the documents that we incorporate herein by reference contain forward-looking statements concerning our business, operations and
financial performance and condition, as well as our plans, objectives and expectations for our business operations and financial performance
and condition. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements.
In some cases, you can identify forward-looking statements by terminology such as “can”, “may”, “could”,
“should”, “assume”, “forecasts”, “believe”, “designed to