secwatch.observer — SEC 8-K summary
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Issuer:     BNB PLUS CORP. (BNBX)
CIK:        0000744452
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001104659-26-033842
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/0001104659-26-033842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744452/000110465926033842/tm269708d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-033842

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