Intracoastal Capital, LLC has disclosed its beneficial ownership in BNB Plus Corp., marking a significant investment in the finance services sector. The recent filing indicates that Intracoastal holds approximately 6.6% of BNB Plus Corp.'s common stock, which translates to 435,517 shares. This move underscores Intracoastal's commitment to expanding its portfolio in the finance industry.

Intracoastal Capital, LLC is a Delaware-based limited liability company, as indicated in its filings. The company has been active in reporting its ownership stakes, with the latest Schedule 13G/A filed on November 10, 2026. The filing reflects Intracoastal's ongoing strategy to invest in promising companies within the finance sector, a space that continues to evolve rapidly.

According to the filing, the beneficial ownership of 435,517 shares is attributed to three reporting persons: Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital itself. Each of these individuals shares voting and dispositive power over the reported shares. The filing states, "Each of the Reporting Persons may have been deemed to have beneficial ownership of 435,517 shares of Common Stock...representing beneficial ownership of approximately 6.6% of the Common Stock." This stake is based on the total shares outstanding as of August 12, 2026, reported by BNB Plus Corp.

BNB Plus Corp. operates within the finance services sector, specifically categorized under SIC 6199. The company has undergone several name changes in its history, previously known as Applied DNA Sciences Inc. and ProHealth Medical Technologies Inc., among others. This evolution reflects its adaptability in a competitive market.

The filing also notes that there are restrictions on certain warrants held by Intracoastal. Specifically, one warrant contains a blocker provision that limits the exercise of the warrant to prevent beneficial ownership from exceeding 4.99%. This strategic move indicates a cautious approach to maintaining control and influence within BNB Plus Corp.

The implications of this filing extend beyond Intracoastal Capital. Other investors and stakeholders in the finance services sector will likely monitor this development closely, as it may influence market dynamics and investment strategies within the industry.

Looking ahead, the filing does not specify any immediate actions or upcoming events related to this ownership stake. However, the ongoing activity of Intracoastal Capital in reporting its holdings suggests that further updates may be forthcoming as the company continues to navigate its investment strategy.