Company: BNBX
Filing Date: 2025-12-22
Form Type: S-1/A
Source: 0001104659-25-123402
Chunk: 10

Company: BNB PLUS CORP.
Filing Date: 2025-12-22
Form: S-1/A
Chunk 10
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0.126 units per Crypto Pre-Funded Warrant or Series E-2 Warrant sold. Lucid Capital Markets, LLC acted as sole placement
agent for the Private Placement.

Upon the closing of the Private
Placement, the Company received $26.7 million with the potential for up to an additional $30.8 million in gross proceeds in future investment
from warrant exercises, for total gross proceeds of up to $57.6 million.

The Cash Pre-Funded Warrants
are immediately exercisable and may be exercised at any time until all of the Cash Pre-Funded Warrants issued in the Cash Private Placement
are exercised in full. The Crypto Pre-Funded Warrants are exercisable on or after the later of (i) the Stockholder Approval Date
and (ii) the date that as to each purchaser, the aggregate amount to be paid for warrants purchased under the Crypto Securities
Purchase Agreement as specified below such purchaser’s name on the signature page of the Crypto Securities Purchase Agreement
and next to the heading “Subscription Amount” thereof in the cash equivalent of crypto-currency (or trust units or interests
that that hold crypto-currency) acceptable (in form and value) to the Company and the Placement Agent in their sole discretion, minus,
such purchaser’s aggregate exercise price of the Crypto Pre-Funded Warrants, which amounts shall be paid as and when such Crypto
Pre-Funded Warrants are exercised (the “Subscription Amount”) is delivered in transferrable form reasonably acceptable to
the Company with good and marketable title and is free and clear of any security interests, pledges, liens, restrictions, claims or encumbrances
of any kind, and thereafter may be exercised at any time until all of the Crypto Pre-Funded Warrants issued in the Crypto Private Placement
are exercised in full. The Series E-1 Warrants are immediately exercisable for cash for a period of five years from the date
of issuance and may also be exercised on a cashless basis at any time beginning six 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 of the underlying shares of Common Stock by the holder thereof. The Series E-2 Warrants are exercisable for cash on or
after the later of (i) the Stockholder Approval Date and (ii) the date that the Subscription Amount is delivered in transferrable
form reasonably acceptable to the Company with good and