Company: BNBX
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001104659-25-002521
Chunk: 42

Company: BNB PLUS CORP.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 42
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 rule of similar
effect. The resale securities will be sold only through registered or licensed brokers or dealers if required under applicable state
securities laws. In addition, in certain states, the resale securities covered hereby may not be sold unless they have been registered
or qualified for sale in the applicable state or an exemption from the registration or qualification requirement is available and is
complied with.

Under applicable rules and regulations under
the Exchange Act, any person engaged in the distribution of the resale securities may not simultaneously engage in market making activities
with respect to the Common Stock for the applicable restricted period, as defined in Regulation M, prior to the commencement of the distribution.
In addition, the Selling Stockholders will be subject to applicable provisions of the Exchange Act and the rules and regulations
thereunder, including Regulation M, which may limit the timing of purchases and sales of the Common Stock by the Selling Stockholders
or any other person. We will make copies of this prospectus available to the Selling Stockholders and have informed them of the need
to deliver a copy of this prospectus to each purchaser at or prior to the time of the sale (including by compliance with Rule 172
under the Securities Act).

<div align='center'>18

DESCRIPTION OF CAPITAL STOCK</div>

The following description of our Common Stock
and Private Placement Warrants summarizes the material terms and provisions of the securities that may be offered in connection with
this Offering, including securities issued upon the exercise of certain outstanding warrants. It may not contain all the information
that is important to you. For the complete terms of our Common Stock, please refer to our Certificate of Incorporation and our by-laws
(“By-Laws”), which are filed as exhibits to the registration statement which includes this prospectus. See “Where You
Can Find More Information.” The Delaware General Corporation Law (“DGCL”) may also affect the terms of these securities.
The summary below is qualified in its entirety by reference to our Certificate of Incorporation and By-Laws, each as in effect at the
time of any offering of securities under this prospectus.

As of January 8, 2025, our authorized capital
stock consists of 200,000,000 shares of Common Stock, par value $0.001 per share, of which 55,188,523shares were issued and outstanding,
and 10,000,000 shares of preferred stock, par value $0.001 per share, of which no shares were issued and outstanding. In addition, as