secwatch.observer — SEC 8-K summary
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Issuer:     BNB PLUS CORP. (BNBX)
CIK:        0000744452
Form:       8-K/A
Filed at:   2026-10-02T11:31:49+00:00
Accession:  0001104659-26-113044
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

BNB Plus signs second registration rights amendment, shifts to demand registration, withdraws S-1
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- On September 28, 2026, BNB Plus (BNBX) entered a Second Amendment to its May 26, 2026 Registration Rights Agreement with purchasers holding 50.1%+ of Registrable Securities.
- The amendment replaces mandatory registration with demand rights: holders of at least 51% can make up to two demands, and BNB Plus must file a registration statement within 45 days of a Demand Date.
- BNB Plus will promptly withdraw its August 5, 2026 Form S-1; effectiveness is due 60 days after filing, or 90 days if the SEC conducts a full review.
- Signatories Comstock Multichain Fund and KGPLA Holdings LLC waived prior Events and released BNB Plus from related claims, including the S-1 withdrawal; liquidated damages are capped at 6%.
- The cover page correction states BNBX common stock is registered on OTCQB Venture Market, not Nasdaq; CEO Clay Shorrock signed the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744452/000110465926113044/0001104659-26-113044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744452/000110465926113044/tm2626879d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-113044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer