Bannix Acquisition amends advisor fee; $500K cash deferred, $1.3M in stock at close

Bannix Acquisition Corp.

Amendment to Marketing Agreement with I-Bankers Securities defers $500K cash for up to 12 months post-close or until key financing equitized.
Advisor to receive $1.3M in post-combination company shares valued at 30-day VWAP after closing.
Shares subject to piggyback registration rights and lock-up until financing facility termination or full amortization.
Modification continues efforts to reduce near-term cash obligations ahead of business combination.

item 8.01

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