---
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"
generated_at: "2026-06-03T14:51:37.966838+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Applied DNA to effect 1-for-20 reverse stock split on April 25, 2024 to regain Nasdaq compliance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-050056
- JSON: https://secwatch.observer/filing/0001104659-24-050056.json
- Plain text: https://secwatch.observer/filing/0001104659-24-050056.txt

## Key facts
- Governance Changes
  BNB PLUS CORP.: Reverse stock split at 1-for-20 ratio via amendment to certificate of incorporation (effective 2024-04-25).
  - Change: charter amendment
  - Effective: 2024-04-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/744452/000110465924050056/0001104659-24-050056-index.htm

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