L1 Capital Global Opportunities Master Fund Reports 8.7% Stake in BNB PLUS CORP. via Warrants

L1 Capital Global Opportunities Master Fund, Ltd. filed a Schedule 13G/A on May 15, 2026, reporting an 8.7% ownership stake in BNB PLUS CORP. (BNBX). The reporting person beneficially owns 539,892 shares of common stock. This position is primarily composed of shares issuable upon the exercise of warrants, specifically 4,166 shares from Series C Warrants (subject to a 9.99% beneficial ownership blocker) and 535,726 shares from Series A Warrants. The filing serves as an amendment to a previous Schedule 13G filed in June 2024. David Feldman and Joel Arber, as Directors of the Master Fund, may be deemed to share beneficial ownership but disclaim such ownership except to the extent of their pecuniary interest. The calculations are based on 5,667,469 shares outstanding as of the issuer's March 2026 proxy statement. The filing indicates the shares were not acquired for the purpose of changing or influencing the control of the issuer.