{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-112587","form_type":"8-K","ticker":"BNBX","cik":"0000744452","company_name":"BNB PLUS CORP.","filed_at":"2026-10-01T12:19:39+00:00","discovered_at":"2026-10-01T12:25:00.502906+00:00","generated_at":"2026-10-12T14:16:39.786366+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"BNB Plus drops mandatory shelf registration for demand rights; to withdraw Aug 2026 S-1","bullets":["Second Amendment to the May 26, 2026 Registration Rights Agreement removes the mandatory filing obligation; BNB Plus will promptly withdraw its Aug 5, 2026 Form S-1.","Majority Holders (51% in interest) may make up to two demands; the company must file within 45 calendar days of the Demand Date and reach effectiveness within 60 days (90 if full SEC review).","Purchasers holding 50.1%+ of Registrable Securities waived all prior Events and released the company from liquidated damages, including those tied to the withdrawn August 2026 registration statement.","Penalty terms retained post-amendment: 1.0% of each Holder's subscription amount per month, capped at 6% in aggregate, plus 18% annual interest on unpaid amounts.","Signatories to the Sept 28, 2026 Amendment: Comstock Multichain Fund (Richard Shorten) and KGPLA Holdings LLC (Michael Komaransky); CEO Clay Shorrock signed for BNB Plus Corp."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-112587","json":"https://secwatch.observer/filing/0001104659-26-112587.json","markdown":"https://secwatch.observer/filing/0001104659-26-112587.md","text":"https://secwatch.observer/filing/0001104659-26-112587.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/744452/000110465926112587/0001104659-26-112587-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/744452/000110465926112587/tm2626763d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:16:39.786366+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}