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BNB Plus secures initial commitments for $4.1 million unregistered preferred stock private placement
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BNB Plus secures initial commitments for $4.1 million unregistered preferred stock private placement
  • BNB Plus secured initial commitments for USD 4.1 million in a private placement of convertible preferred stock; total proceeds expected to reach USD 5 million.
  • Proceeds earmarked for its digital asset treasury, working capital, and a strategic review; holdings expected to exceed USD 16.4 million in cash and digital assets.
  • Financing includes Series B-1 preferred at USD 1.05 with an 8% dividend and 1.5x liquidation preference; convertible 1-for-1 into common stock.
  • Series B-2 preferred priced at USD 0.38 with a 6% dividend and 1.0x liquidation preference; issued mainly via exchanges by existing investors.
  • Series B-1 investors also receive 3-year warrants with 100% coverage at a USD 0.76 exercise price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BNB Plus Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260525437108) on May 26, 2026, and is solely responsible for the information contained therein.

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