Applied DNA terminates Equity Distribution Agreement with Maxim Group

BNB PLUS CORP.

Agreement entered Nov 7, 2023 allowed up to $6,397,939 in ATM offerings.
Only 90,027 shares of common stock were sold under the agreement.
Effective Jan 30, 2024, Company provided notice of termination to Maxim Group.
Termination ends ability to sell shares under the at-the-market facility.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BNB PLUS CORP. terminated Equity Distribution Agreement with Maxim Group LLC (effective 2024-01-30).

Action: termination
Agreement: atm program
Counterparty: Maxim Group LLC
Effective: 2024-01-30

Exact text from the filing

Effective January 30, 2024, the Company terminated the Equity Distribution Agreement by providing a notice of termination to the Agent in accordance with the terms of the Equity Distribution Agreement.

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BNB PLUS CORP. filing history →

Source: SEC EDGAR

accession 0001104659-24-008438

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