{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-057222","form_type":"8-K","ticker":"BNBX","cik":"0000744452","company_name":"BNB PLUS CORP.","filed_at":"2025-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.143106+00:00","generated_at":"2026-05-19T19:01:54.272866+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Applied DNA Sciences receives Nasdaq delisting notice for bid price deficiency; requests hearing","bullets":["Nasdaq notified APDN on May 30, 2025 that bid price closed below $1.00 for 32 consecutive business days, violating Listing Rule 5550(a)(2).","APDN executed a 1-for-15 reverse stock split on June 2, 2025 to address deficiency, but is ineligible for a compliance period due to prior reverse splits.","Company timely requested a hearing before Nasdaq Hearings Panel on June 6, 2025, which stays any suspension or delisting pending outcome.","No assurance that the Panel will grant continued listing; shares remain at risk of delisting."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-057222","json":"https://secwatch.observer/filing/0001104659-25-057222.json","markdown":"https://secwatch.observer/filing/0001104659-25-057222.md","text":"https://secwatch.observer/filing/0001104659-25-057222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/744452/000110465925057222/0001104659-25-057222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/744452/000110465925057222/tm2517408d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T19:01:54.272866+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":"2e5d40bfa16f28913992cabacf93f5248fcd76d2","claim":"BNB PLUS CORP. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(iv)).","evidence_excerpt":"May 30, 2025 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company no longer satisfies the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of thirty (30) consecutive business days (colle","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/744452/000110465925057222/0001104659-25-057222-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(iv)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}