---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-066610"
form_type: "8-K"
ticker: "BNBX"
cik: "0000744452"
company_name: "BNB PLUS CORP."
filed_at: "2026-05-27T12:15:32+00:00"
generated_at: "2026-05-27T12:20:49.141895+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BNB Plus Corp. raises up to $5M in convertible preferred equity private placement and warrant inducement

## Summary
- Initial SPA closing of $2.5M expected May 28; Series B-1 Preferred (8% dividend) and Common Warrants ($0.76 strike) issued.
- Series E warrant exercise by existing holders of ~$1.65M; exchange for Series B-2 Preferred (6% dividend); closing by June 2.
- First $2.3M of proceeds used for biotech strategic review and corporate purposes; excess to digital asset treasury subsidiaries.
- Series B-1 and B-2 Preferred created, each initially convertible 1:1 into common stock with senior liquidation preferences.
- Registration rights agreement filed within 30 days; resale registration to cover Preferred Shares, warrant shares.

## SEC filing metadata
- accession: 0001104659-26-066610
- form_type: 8-K
- ticker: BNBX
- cik: 0000744452
- company_name: BNB PLUS CORP.
- filed_at: 2026-05-27T12:15:32+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744452/000110465926066610/0001104659-26-066610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744452/000110465926066610/tm2615620d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-066610
- JSON: https://secwatch.observer/filing/0001104659-26-066610.json
- Plain text: https://secwatch.observer/filing/0001104659-26-066610.txt

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