Applied DNA cuts 60% of workforce ($1.4M charges), ticker changes to BNBX Oct 7

BNB PLUS CORP.

Reduces workforce by 16 employees (~60%) with estimated pre-tax charges of ~$1.4M for severance and benefits.
Restructuring substantially complete by end of October 2025; annualized cost savings of ~$2.9M expected.
Ticker symbol changes from APDN to BNBX on Nasdaq effective October 7, 2025, reflecting BNB treasury strategy.
Company to focus on yield-generating BNB digital asset treasury and decentralized finance integration.
No stockholder action required; CUSIP and listing unchanged.

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