BNB Plus Corp. has received a notification from the Nasdaq Stock Market indicating that it no longer meets the minimum bid price requirement of $1.00 per share, as stipulated in Nasdaq Listing Rule 5550(a)(2). This notification, dated March 20, 2026, follows a period where the company's common stock failed to maintain the required bid price for 30 consecutive business days, from February 5, 2026, to March 19, 2026. As a result, the company is at risk of being delisted from the Nasdaq Capital Market unless it can successfully appeal this decision. The notification also states that BNB Plus Corp. is not eligible for a compliance period due to having executed a reverse stock split within the past year. The company intends to request a hearing before the Nasdaq Hearings Panel, which will temporarily halt any delisting actions while the appeal is considered. However, there is no guarantee that the panel will grant the request for continued listing or that the company will be able to regain compliance with the bid price rule. This situation raises concerns about the company's liquidity and operational execution moving forward, as failure to maintain its listing could significantly impact investor confidence and market perception.

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