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

Company: BNB PLUS CORP.
Filing Date: 2025-11-04
Form: 424B5
Chunk 11
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 majority of the daily BNB trading volume occurs
on the Binance Exchange, which is controlled by Binance, the original distributors of BNB. Further, most of the BNB in circulation has
been reported to be held by the founder and former controller of Binance. As a result, trading activity by these parties could impact
the price and trading volume of BNB on the Binance Exchange. While Binance and its former controller have indicated that they and their
respective related entities do not actively trade BNB or undertake gross or net purchasing activities to support its price or increase
trading volume, publicly available information is insufficient to enable a conclusion as to whether trading activity in BNB on the Binance
Exchange by such parties (or others) is occurring in compliance with the Binance Exchange’s policies and procedures or having a
material impact on the price and trading volume of BNB on the Binance Exchange or other secondary markets. Additionally, to the Company’s
knowledge, Binance and its founder are not subject to trading restrictions in respect of BNB; as such, prior conduct and indications of
current intent are not necessarily indicative of actual or future trading activities by these parties. Recently, certain market participants
have alleged potential manipulation of the price of BNB by the Binance Exchange. In addition, if Binance or its founder were to liquidate
significant portions of their holdings, or if market participants perceived that such liquidations might occur, the price of BNB could
be materially and adversely affected. Any allegations of BNB price or volume manipulation could result in regulatory actions against such
parties and/or loss of confidence in BNB, and/or Binance generally, which could negatively impact the price of our common stock. Our dependence
on Binance and its affiliates for the health and credibility of the BNB ecosystem will also subject us to material counterparty, reputational,
and regulatory risks outside of our control. See the “Summary of Risk Factors” and “Risk Factors” sections of
this prospectus supplement and Exhibit 99.3 to our Current Report on Form 8-K filed on October 1, 2025 for more information
about the risks related to cryptocurrencies such as BNB.

Strategic DAS Agreement

In connection with the Private Placement, on September 29,
2025, the Company entered into a Strategic Digital Assets Services Agreement (the “Strategic DAS Agreement”) with Cypress
LLC, a Puerto Rico limited liability company (the “Services Provider”), pursuant