KGPLA Holdings LLC and Michael Komaransky filed an Amendment No. 1 to Schedule 13D for BNB Plus Corp. (BNBX) on August 27, 2026. The reporting persons disclose beneficial ownership of 1,548,337 shares of Common Stock, representing 19.99% of the class. This holding consists of shares issuable upon the conversion of Series B-1 Preferred Stock and is subject to a 19.99% beneficial ownership limitation. Although the reporting persons hold 2,380,953 shares of Series B-1 Preferred Stock and Series F Warrants for an equal number of shares, the reported amount is capped by this limitation. The filing notes that a previous margin loan arrangement used to fund the acquisition was repaid in full by KGPLA’s parent on July 30, 2026, and no securities are currently pledged as collateral. Additionally, a registration statement on Form S-1 was filed by the issuer on August 5, 2026, covering the resale of the shares underlying the preferred stock and warrants. The ownership percentage reflects a decrease in the issuer's total outstanding shares to 6,197,223 as of August 12, 2026.