Company: BNBX
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001104659-25-094465
Chunk: 14

Company: BNB PLUS CORP.
Filing Date: 2025-09-29
Form: 8-K
Item: Item 8.01
Chunk 14
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, pursuant to Section 4(a)(2) thereof and/or Rule 506(b) of Regulation D promulgated thereunder, and
applicable state securities laws. The issuance of the Placement Agent Warrants will not have been registered under the Securities Act
and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities
Act and any applicable state securities laws.

The foregoing descriptions of the Placement Agent
Agreement and the Placement Agent Warrants do not purport to be complete and are subject to, and qualified in their entirety by reference
to the full texts of the Placement Agent Agreement and the Form of Placement Agent Warrant, which the Company intends to file promptly
as exhibits to a subsequent Current Report on Form 8-K..

Consulting Warrants

In order to support the
implementation of its BNB-focused treasury strategy, on September 23, 2025, the Company entered into consulting arrangements with Ground
Tunnel Capital LLC (the “ Consultant”) pursuant to which the Company (i) will engage the Consultant to provide certain
advisory and marketing services and (ii) will receive premium sponsorship benefits at all SALT conferences globally for a period of thirty-six
(36) months. The consultant agreements have a term of three (3) years and shall terminate on September 23, 2028. Pursuant to the consulting
arrangements, the Consultant shall be paid a fee of (a) $1,000,000 and (b) $250,000 paid quarterly from December 2025 until September
2027. In addition, immediately following the closing of the Offering, the Consultant will receive Consultant warrants (the “ Consultant
Warrants”) exercisable for a number of common shares of the Company equal to 1% of the fully diluted outstanding equity of the Company
as of immediately following the closing of the Offering. The exercise price per share of the Consultant Warrants is equal to 115% of the
per-share purchase price under the Securities Purchase Agreement. The Consultant Warrants are exercisable for cash, in whole or in part,
at any time and from time to time, for a period of five (5) years from the date of issuance and may also be exercised on a cashless basis
at any time beginning six (6) months after their initial issuance if, at the time of exercise, there is no effective registration statement
registering, or the prospectus contained therein is not available for, the resale