{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-050056","form_type":"8-K","ticker":"BNBX","cik":"0000744452","company_name":"BNB PLUS CORP.","filed_at":"2024-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.890962+00:00","generated_at":"2026-06-03T14:51:37.966838+00:00","sec_items":["5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Applied DNA to effect 1-for-20 reverse stock split on April 25, 2024 to regain Nasdaq compliance","bullets":["Reverse stock split at 1:20 ratio effective 12:01 a.m. ET on April 25, 2024; shares trade split-adjusted at market open.","Outstanding shares reduced from ~17.26M to ~863,000; par value unchanged at $0.001 per share.","Stockholders approved reverse split at April 15 special meeting (ratio range 1:5 to 1:50); Board set final ratio 1:20.","Split intended to regain Nasdaq minimum bid price compliance of $1.00 per share.","No fractional shares issued; fractional shares rounded up to nearest whole share; new CUSIP is 03815U409."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-050056","json":"https://secwatch.observer/filing/0001104659-24-050056.json","markdown":"https://secwatch.observer/filing/0001104659-24-050056.md","text":"https://secwatch.observer/filing/0001104659-24-050056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/744452/000110465924050056/0001104659-24-050056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/744452/000110465924050056/tm2412346d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T14:51:37.966838+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9c986b35e58d3a73d785eb10a70c9769bd899bce","claim":"BNB PLUS CORP.: Reverse stock split at 1-for-20 ratio via amendment to certificate of incorporation (effective 2024-04-25).","evidence_excerpt":"The Board determined to set the reverse stock split ratio at one-for-twenty (1:20) (the “Reverse Stock Split”) and approved the final form of the Certificate of Amendment to the Certificate of Incorporation to effectuate the Reverse Stock Split","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/744452/000110465924050056/0001104659-24-050056-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-04-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}