---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-079875"
form_type: "8-K"
ticker: "BNBX"
cik: "0000744452"
company_name: "BNB PLUS CORP."
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:53:01.763537+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# APDN receives Nasdaq delisting notice for bid price non-compliance; plans reverse split

## Summary
- Nasdaq notified APDN on July 12, 2024, that its common stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
- APDN has 180 calendar days, until Jan 8, 2025, to regain compliance by closing at $1.00 for 10 consecutive business days.
- If non-compliance continues, APDN may request a second 180-day period by meeting other listing standards and effecting a reverse stock split.
- Company intends to implement reverse stock split as required by outstanding Series Warrants unless bid price is regained by Jan 8, 2025.

## SEC filing metadata
- accession: 0001104659-24-079875
- form_type: 8-K
- ticker: BNBX
- cik: 0000744452
- company_name: BNB PLUS CORP.
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744452/000110465924079875/0001104659-24-079875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744452/000110465924079875/tm2419472d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-079875
- JSON: https://secwatch.observer/filing/0001104659-24-079875.json
- Plain text: https://secwatch.observer/filing/0001104659-24-079875.txt

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