Company: BNBX
Filing Date: 2025-12-22
Form Type: S-1/A
Source: 0001104659-25-123402
Chunk: 37

Company: BNB PLUS CORP.
Filing Date: 2025-12-22
Form: S-1/A
Chunk 37
---
 outstanding Common Stock, (ii) 150,602         
 Shares issuable upon exercise of Series E-1 Warrants sold in the Cash Private Placement       
 because such Series E-1 Warrants are subject to a 4.99% ownership blocker and (iii) 150,602   
 Shares issuable upon exercise of Cash Pre-Funded Warrants sold in the Cash Private Placement  
 because such Cash Pre-Funded Warrants are subject to a 9.99% ownership blocker.               |

<div align='center'>23

Description of Securities</div>

The following description
of the securities that are being offered hereby summarizes the material terms and provisions of such securities. 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, as amended (“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 December 15,
2025, our authorized capital stock consists of 200,000,000 shares of Common Stock, par value $0.001 per share, of which 4,365,541 shares
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 of such date, there were 169,067 shares of Common Stock issuable upon exercise of options outstanding, 199,928
RSUs outstanding, 19,165,333 shares of Common Stock issuable upon exercise of warrants outstanding, and 4,831,601 shares of Common Stock
reserved for future grant or issuance. The authorized and unissued shares of Common Stock and preferred stock are available for issuance
without further action by our stockholders.

Common Stock

Each stockholder of our Common
Stock is entitled to one vote for each share issued and outstanding held on all matters to be voted upon by the stockholders. Our shares
of Common Stock have no preemptive, conversion, or redemption rights. The rights, preferences, and privileges of the holders of Common
Stock are subject to, and may