Applied Dna Sciences Inc (BNBX)

$BNBX it’s a scam

BNB Plus Corp. (Nasdaq: $BNBX ) secures initial commitments for $4.1M of convertible preferred stock financing led by Silvermine Capital to support a strategic review. BNB Plus Corp. (Nasdaq: BNBX) announced it has secured initial commitments for $4.1M of convertible preferred stock financing, with additional commitments anticipated to bring total proceeds to $5.0M. Including anticipated proceeds, the Company expects to hold over $16.4M in cash and digital assets, as valued on May 23, 2026. BNB Plus Corp. is a B2i Digital Featured Company. See the company’s profile at https://b2idigital.com/bnbx. Investors in the financing include Comstock Multichain Fund, an investment vehicle managed by Silvermine Capital Advisors, LLC, and Off the Chain, LP, alongside other digital-asset-native institutional investors. In conjunction with the financing, the Company will enter into an advisory arrangement with GlobalStake Infrastructure, LLC, a SOC 2 Type II certified Web3 infrastructure company, which will lead a comprehensive review of the Company’s business, assets, and capital structure. The review will prioritize two value creation pathways: digital asset and AI infrastructure opportunities, including institutional yield generation; and a structured monetization assessment of LineaRx, Inc., the Company’s therapeutic DNA production subsidiary, which recently achieved profitability in Q2 FY2026. The review will be led by Richard Shorten, Founder of Silvermine and Chairman of GlobalStake. Clay Shorrock, Chief Executive Officer of BNB Plus, noted, “This financing marks a deliberate step forward for BNBX and reflects investor confidence in our operational trajectory and the distinct value proposition of our business.” See the full release: https://www.businesswire.com/news/home/20260525437108/en/ Transaction terms include two series of convertible preferred stock, both senior to common and convertible on a 1-for-1 basis. The Series B-1 Preferred Stock is priced at $1.05 per share, a 176% premium over the closing price of the Company’s common stock on May 22, 2026, with an 8.0% annual dividend and a 1.5x liquidation preference. Series B-1 investors will also receive three-year warrants with 100% coverage at an exercise price of $0.76. BNB Plus Corp. is led by Clay Shorrock, Chief Executive Officer and President; and Beth Jantzen, Chief Financial Officer. The advisory team includes Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital, as Strategic Capital Markets Advisor; Patrick Horsman, CFA, as Chief Investment Officer; Joshua Kruger, as Chairman of the Board; and JR Pasch, as Strategic Advisor. Disclosure: B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security.

$BNBX there is 7.2 million shares at the moment a low cap that could really run but it doesn’t explain that? Liquidity is dead here even with a news no one comes to play for the easy money that could be made on any massive rip

$BNBX avx so do you think this is a dead company then?

$BNBX closes initial commitments for $4.1M of convertible preferred stock financing. https://www.rapidticker.com/news/bnbx-bnb-plus-corp-bnbx-secures-dc82cc

$BNBX no spike no relief rally this is trash company

$BNBX BNB Plus Corp. (BNBX) Secures Initial Commitments for $4.1M in Strategic Financing

$BNBX I feel like the outcome w Of this was known in Jan and the true exit happen the last spike to 1 dollar now it’s just been dead since then

$BNBX breaking news bnbx will become a quantum company with a crypto focus! To the moon babay we will goooo

$BNBX guy killed himself owning this stock