---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-117025"
form_type: "8-K"
ticker: "BNBX"
cik: "0000744452"
company_name: "BNB PLUS CORP."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:24:12.497150+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Applied DNA Sciences receives Nasdaq deficiency notice for minimum bid price non-compliance

## Summary
- Company's common stock closed below $1.00 for 31 consecutive business days from Sept 27 to Nov 11, 2024.
- Company has 180 calendar days until May 12, 2025 to regain compliance; needs $1.00 closing bid for 10 consecutive days.
- Company is obligated under a prior securities purchase agreement to effect a reverse stock split within 30 days of stockholder approval if compliance not regained.
- Company intends to implement a reverse stock split to remedy the bid price deficiency.

## SEC filing metadata
- accession: 0001104659-24-117025
- form_type: 8-K
- ticker: BNBX
- cik: 0000744452
- company_name: BNB PLUS CORP.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744452/000110465924117025/0001104659-24-117025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744452/000110465924117025/tm2428275d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-117025
- JSON: https://secwatch.observer/filing/0001104659-24-117025.json
- Plain text: https://secwatch.observer/filing/0001104659-24-117025.txt

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