---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-047787"
form_type: "8-K"
ticker: "BNBX"
cik: "0000744452"
company_name: "BNB PLUS CORP."
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:36:15.470617+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# APDN stockholders approve reverse stock split authorization and warrant issuance at special meeting

## Summary
- Proposal I (warrant issuance for private placement) approved: 4,855,864 for, 516,472 against, 3,850,003 broker non-votes.
- Proposal II (warrant repricing) approved: 4,826,983 for, 541,578 against, 3,850,003 broker non-votes.
- Proposal III (reverse stock split 1:5 to 1:50) approved: 8,360,021 for, 824,051 against, no broker non-votes.
- Proposal IV (equity plan amendment adding 4M shares) approved: 4,748,305 for, 633,432 against, 3,850,003 broker non-votes.

## SEC filing metadata
- accession: 0001104659-24-047787
- form_type: 8-K
- ticker: BNBX
- cik: 0000744452
- company_name: BNB PLUS CORP.
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744452/000110465924047787/0001104659-24-047787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744452/000110465924047787/tm2411831d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-047787
- JSON: https://secwatch.observer/filing/0001104659-24-047787.json
- Plain text: https://secwatch.observer/filing/0001104659-24-047787.txt

## Key facts
- Shareholder Votes
  BNB PLUS CORP. shareholders approved To approve, in accordance with Nasdaq Listing Rule 5635(d), the repricing of certain of our common stock purchase warrants. at the 2024-04-15 meeting.
  - Outcome: passed
  - Meeting: 2024-04-15
  source text: II. To approve, in accordance with Nasdaq Listing Rule 5635(d), the repricing of certain of our common stock purchase warrants. FOR AGAINST ABSTAIN BROKER NON-VOTES 4,826,983 541,578 39,001 3,850,003
  evidence_url: https://www.sec.gov/Archives/edgar/data/744452/000110465924047787/0001104659-24-047787-index.htm
- Shareholder Votes
  BNB PLUS CORP. shareholders approved To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance to certain holders of common stock purchase warrants in connection with a private placement. at the 2024-04-15 meeting.
  - Outcome: passed
  - Meeting: 2024-04-15
  source text: I. To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance to certain holders of common stock purchase warrants in connection with a private placement. FOR AGAINST ABSTAIN BROKER NON-VOTES 4,855,864 516,472 35,226 3,850,003
  evidence_url: https://www.sec.gov/Archives/edgar/data/744452/000110465924047787/0001104659-24-047787-index.htm
- Shareholder Votes
  BNB PLUS CORP. shareholders approved To approve an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of authorized shares of common stock reserved for issuance by 4,000,000 shares. at the 2024-04-15 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2024-04-15
  source text: IV. To approve an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of authorized shares of common stock reserved for issuance by 4,000,000 shares. FOR AGAINST ABSTAIN BROKER NON-VOTES 4,748,305 633,432 25,825 3,850,003
  evidence_url: https://www.sec.gov/Archives/edgar/data/744452/000110465924047787/0001104659-24-047787-index.htm
- Shareholder Votes
  BNB PLUS CORP. shareholders approved To grant the Board of Directors discretionary authority to amend the Company’s certificate of incorporation, as amended, to effect a reverse stock split of common stock, at a ratio in the range from one-for-five to one-for-fifty, with such specific ratio to be determined by the Company’s Board of Di at the 2024-04-15 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2024-04-15
  source text: III. To grant the Board of Directors discretionary authority to amend the Company’s certificate of incorporation, as amended, to effect a reverse stock split of common stock, at a ratio in the range from one-for-five to one-for-fifty, with such specific ratio to be determined by the Company’s Board of Directors following the Special Meeting. FOR AGAINST ABSTAIN BROKER NON-VOTES 8,360,021 824,051 73,493 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/744452/000110465924047787/0001104659-24-047787-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.