---
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"
generated_at: "2026-05-15T09:17:58.386276+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BNB Plus receives Nasdaq delisting notice for bid price non-compliance; ineligible for grace period

## Summary
- 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.

## SEC filing metadata
- 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
- 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/744452/000110465926033842/0001104659-26-033842-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/tm269708d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-033842
- JSON: https://secwatch.observer/filing/0001104659-26-033842.json
- Plain text: https://secwatch.observer/filing/0001104659-26-033842.txt

## Key facts
- Listing & Compliance Notices
  BNB PLUS CORP. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/0001104659-26-033842-index.htm

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