Company: BNBX
Filing Date: 2025-11-10
Form Type: 8-K
Source: 0001104659-25-109267
Chunk: 1

Company: BNB PLUS CORP.
Filing Date: 2025-11-10
Form: 8-K
Item: Item 5.02
Chunk 1
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 Strategic Advisor and the Services Provider. As previously disclosed, on September 29, 2025, the Company entered into a Strategic
Advisor Agreement (the “ Strategic Advisor Agreement”) with the Strategic Advisor, pursuant to which the Company engaged the
Strategic Advisor to provide strategic advice, guidance and technical advisory services relating to the Company’s business, operations,
growth initiatives and industry trends in the crypto technology sector. Pursuant to the terms of the Strategic Advisor Agreement, the
Company pays a monthly fee of $60,000 to the Strategic Advisor and, in connection with the private placement offerings of the Company’s
common stock, par value $0.001 per share (the “ Common Stock”), which closed on October 3, 2025 and October 22, 2025 (collectively,
the “ Offering”), issued to the Strategic Advisor five year warrants to purchase 1,986,634 shares of Common Stock. In the Offering,
Mr. Kruger also individually purchased 75,302 shares of Common Stock and warrants to purchase 75,302 shares of Common Stock for an aggregate
purchase price of $250,002.64.

Also as previously disclosed,
on September 29, 2025, the Company entered into a Strategic Digital Assets Services Agreement (the “ Strategic DAS Agreement”)
with the Services Provider, pursuant to which the Company appointed the Services Provider to provide discretionary asset management services
(i) in compliance with the Company’s BNB-focused treasury strategy and (ii) with respect to any other cryptocurrency or digital
asset strategies subject to the Company’s approval, in each case, solely with respect to the Account Assets (as defined in the Strategic
DAS Agreement) in the accounts or cryptocurrency “wallets” identified by the Company after consultation with the Services
Provider (collectively, the “ Account”). Pursuant to the Strategic DAS Agreement, the Company pays to the Services Provider
a fixed-rate management fee accrued and payable monthly (prorated for partial months) in arrears, equal to 1/12 of 1.25% per annum multiplied
by the net asset value of the Account as of the last day of each month, before taking into account the estimated accrued incentive fee
(as described below), if any. The management fee is payable within fifteen days of the Company’s receipt of an invoice from the
Services Provider after the end of each month. In addition, the Company pays to the Services Provider an incentive fee for each Incentive
Period (as defined in