{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-033842","form_type":"8-K","ticker":"BNBX","cik":"0000744452","company_name":"BNB PLUS CORP.","filed_at":"2026-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.632876+00:00","generated_at":"2026-05-15T09:17:58.386276+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BNB Plus receives Nasdaq delisting notice for bid price non-compliance; ineligible for grace period","bullets":["Nasdaq notified BNB Plus on March 20, 2026 that its stock failed to maintain $1.00 minimum bid for 30 consecutive business days through Mar 19.","Company is ineligible for a compliance cure period due to reverse stock splits in prior two years with cumulative ratio of 250:1 or more.","BNB Plus intends to timely request a hearing before Nasdaq Hearings Panel, which will automatically stay any suspension or delisting pending the process.","There is no assurance the Panel will grant continued listing or that the company can regain compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-033842","json":"https://secwatch.observer/filing/0001104659-26-033842.json","markdown":"https://secwatch.observer/filing/0001104659-26-033842.md","text":"https://secwatch.observer/filing/0001104659-26-033842.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/0001104659-26-033842-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/tm269708d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:17:58.386276+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":"196cf92fc1113402d90a41faca3fc42f452ee2ee","claim":"BNB PLUS CORP. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"March 20, 2026 (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 (col","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/0001104659-26-033842-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)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}