Company: BNBX
Filing Date: 2025-10-30
Form Type: S-1
Source: 0001104659-25-103871
Chunk: 21

Company: BNB PLUS CORP.
Filing Date: 2025-10-30
Form: S-1
Chunk 21
---
782 shares of our Common Stock outstanding as of October 24, 2025, and exclude the following:

| ● | 16,178,768 shares of our Common Stock issuable upon exercise of the Pre-Funded Warrants, Series E Warrants, Placement Agent Warrants, Advisory Warrants and Consultant Warrants; |

| ● | 345 shares of our Common Stock issuable upon exercise of options outstanding as of October 24, 2025, with a weighted average exercise price of $742.71 per share; |

| ● | 199,928 restricted stock units (“RSUs”) outstanding as of October 24, 2025; |

| ● | 2,948,441 shares of our Common Stock issuable upon exercise of May 2024 Series A Warrants (as defined below) outstanding as of October 24, 2025, with an exercise price of $5.13 per share; |

| ● | 27,084 shares of our Common Stock issuable upon exercise of October 2024 Series C warrants outstanding as of October 24, 2025, with an exercise price of $240.00 per share; |

| ● | 3,070 shares of our Common Stock issuable upon exercise of other warrants outstanding as of October 24, 2025, with a weighted average exercise price of $6,000.52 per share; and |

Unless otherwise indicated, all information contained in this prospectus assumes no exercise of outstanding options and warrants.

10

SUMMARY OF RISK FACTORS Risks Related to Our Business

| ● | We may not successfully implement our business strategies, including achieving our growth objectives and the implementation of our BNB digital treasury strategy. |

| ● | Stockholders may suffer substantial dilution if certain provisions in the May 2024 Series A Warrants, Series E Warrants, Advisory Warrants, Placement Agent Warrants or Consultant Warrants are utilized. |

| ● | Sales of a significant number of shares of our Common Stock in the public markets, or the perception that such sales could occur, could depress the market price of our Common Stock. |

| ● | Our management may invest or otherwise use the proceeds of any offering by the Company in ways with which you may not agree or in ways that may not yield a return. |

| ● | If we are unable to raise sufficient additional capital on acceptable terms, we may be unable to expand our BNB reserves, which could adversely affect our liquidity, financial condition and growth prospects