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Private company

Bannix Acquisition Corp.

Bannix Acquisition Corp. is an American prepackaged software services company, incorporated in Delaware.1 It is headquartered in Woodcliff Lake, New Jersey.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Prepackaged Software1
  • HeadquartersWoodcliff Lake, New Jersey1
  • Incorporated inDE2
  • Business address300 Tice Blvd, Woodcliff Lake, Nj 076772
  • Filer category, Emerging growth company2

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Additionally, the company recognized an additional excise tax equal to 1% of the value of the redeeming shares or approximately $137,905.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income456-$1.3M in 2024+226% since 2021
-$2.0M-$1.5M-$1.0M-$500.0K02021: -$395.7K-$395.7K20212022: -$1.0M-$1.0M2022+153%2023: -$1.5M-$1.5M2023+50%2024: -$1.3M-$1.3M2024−14%
Net income456-$870.5K in 2024+214% since 2021
-$1.0M-$750.0K-$500.0K-$250.0K0$250.0K2021: -$277.2K-$277.2K20212022: $47.1K$47.1K20222023: -$56.8K-$56.8K20232024: -$870.5K-$870.5K2024+1432%
Fiscal year20212022202320242025
Operating expenses$1.0M5$1.5M6$1.3M6
Operating income-$395.7K4-$1.0M5-$1.5M6-$1.3M6
Income before tax-$277.2K4$270.4K5$272.8K6-$741.2K6
Income tax$223.3K5$329.6K6$129.3K6
Net income-$277.2K4$47.1K5-$56.8K6-$870.5K6
Earnings per share$0.005-$0.016-$0.226
Earnings per share (diluted)$0.005-$0.016-$0.226
Shares (weighted, basic)9.4M shares56.2M shares64.0M shares6
Shares (weighted, diluted)9.4M shares56.2M shares64.0M shares6

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Corporate structure

Bannix Acquisition Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Bannix Acquisition Corp.

  • Bannix Acquisition Corp. Woodcliff Lake, New Jersey

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Bannix Acquisition Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$06 Dec 31, 2024$06 Dec 31, 2023
Deposits held (banks)$16.2K6 Feb 12, 2025

Properties, in its own words

We currently maintain our virtual executive offices at 300 Delaware Ave., Suite 210 # 301, Wilmington, DE 19801. On September 10, 2021, we agreed to pay our initial Sponsors a total of $5,000 per month for office space, utilities and secretarial and administrative support. Upon completion of the initial Business Combination or the Company’s liquidation, it will cease paying these monthly fees. We consider our current virtual office space adequate for our current operations.

Item 2 of the 10-K filed Feb 18, 2025.3

Leadership

Who has led Bannix Acquisition Corp., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (4)

Timeline

  1. Jun 13, 20258-K Executive or director change15
  2. Jun 12, 20258-K Other events16
  3. May 30, 20258-K Other events17
  4. May 22, 20258-K Executive or director change; Shareholder vote; Other events18
  5. May 14, 20258-K Entered a material agreement; Regulation FD disclosure19
  6. Apr 25, 20258-K Regulation FD disclosure20
  7. Apr 14, 20258-K Entered a material agreement; Regulation FD disclosure21
  8. Mar 14, 20258-K Entered a material agreement; Regulation FD disclosure22
  9. Mar 14, 20258-K Listing notice or transfer23
  10. Mar 12, 20258-K Entered a material agreement; Bylaws or fiscal year changed; Shareholder vote24
  11. Feb 12, 20258-K Entered a material agreement; Regulation FD disclosure25
  12. Jan 28, 20258-K Other events26

Filings

154 filings to the SEC since October 2021: 5 annual reports, 13 quarterly reports, 75 major events, 5 insider forms, 15 large holders, 41 other. The latest 20:

  1. Jul 17, 202515-12G EDGAR
  2. Jul 1, 2025PRE 14A EDGAR
  3. Jun 13, 20258-K EDGAR
  4. Jun 12, 20258-K EDGAR
  5. May 30, 20258-K EDGAR
  6. May 22, 20258-K EDGAR
  7. May 15, 202510-Q EDGAR
  8. May 14, 20258-K EDGAR
  9. Apr 25, 20258-K EDGAR
  10. Apr 14, 20258-K EDGAR
  11. Mar 14, 20258-K EDGAR
  12. Mar 14, 20258-K EDGAR
  13. Mar 12, 20258-K EDGAR
  14. Feb 21, 2025DEF 14A EDGAR
  15. Feb 19, 2025UPLOAD EDGAR
  16. Feb 18, 202510-K EDGAR
  17. Feb 14, 2025CORRESP EDGAR
  18. Feb 14, 2025PRER14A EDGAR
  19. Feb 14, 2025UPLOAD EDGAR
  20. Feb 12, 20258-K EDGAR

The 154 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Bannix Acquisition Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBannix Acquisition Corp.1
  • CIK0001845942
  • Employer ID (EIN)86-16260163
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
  • Incorporated inDelaware3
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address300 Tice Blvd, Woodcliff Lake, NJ 076771
  • Phone20171298001
  • Shares outstanding2,623,666 as of May 15, 20259
  • Public float$17.1M as of Jun 30, 20243
  • AuditorRBSM LLP, New York, NY PCAOB ID 587; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceFeb 19, 20211
  • Filings186 in all: 8-K (77), 10-Q (12), CORRESP (11), UPLOAD (11), SC 13G (8), SC 13G/A (8), NT 10-Q (6), PRE 14A (6)1
    All 30 form types

    PRER14A (6), 3 (5), 10-K (4), DEF 14A (4), S-1/A (4), S-4/A (4), 25-NSE (2), DEFA14A (2), EFFECT (2), NT 10-K (2), 10-K/A (1), 10-Q/A (1), 15-12G (1), 424B3 (1), 424B4 (1), 8-A12B (1), CERT (1), PREM14A (1), S-1 (1), S-1MEF (1), SC 13D (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) Feb 18, 2025
    Quarterly report (10-Q) May 15, 2025
    Proxy statement (DEF 14A) Feb 21, 2025
    Latest 8-K (8-K) Jun 13, 2025

Securities registered for trading

ClassSymbolExchange
Common StockBNIXNasdaq
WarrantsBNIXWNasdaq
RightsBNIXRNasdaq

From the cover page of the 10-K filed Feb 18, 2025 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks Bannix Acquisition Corp. names in Item 1A of its 10-K filed Feb 18, 2025: 69 risks under these headings, as written.3

  • Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.”
  • Our public stockholders may not be afforded an opportunity to vote on our proposed initial business combination, and even if we hold a vote, holders of our founder shares will participate in such vote, which means we may complete our initial business combination even though a majority of our public stockholders do not support such a combination.
  • If we seek stockholder approval of our initial business combination, our sponsors, officers and directors have agreed to vote in favor of such initial business combination, regardless of how our public stockholder’s vote.
  • Your only opportunity to affect the investment decision regarding a potential business combination may be limited to the exercise of your right to redeem your shares from us for cash, unless we seek stockholder approval of the business combination.
  • The ability of our public stockholders to redeem their shares for cash may make our financial condition unattractive to potential business combination targets, which may make it difficult for us to enter into a business combination with a target.
  • The ability of our public stockholders to exercise redemption rights with respect to a large number of our shares may not allow us to complete the most desirable business combination or optimize our capital structure.
  • The ability of our public stockholders to exercise redemption rights with respect to a large number of our shares could increase the probability that our initial business combination would be unsuccessful and that you would have to wait for liquidation in order to redeem your stock.
  • The requirement that we complete our initial business combination within the prescribed time frame may give potential target businesses leverage over us in negotiating a business combination and may decrease our ability to conduct due diligence on potential business combination targets as we approach our dissolution deadline, which could undermine our ability to complete our business combination on terms that would produce value for our stockholders.
  • Our sponsors may decide not to extend the term we have to consummate our initial business combination, in which case we would cease all operations except for the purpose of winding up and we would redeem our public shares and liquidate, and the rights and the warrants will be worthless.
  • We may not be able to complete our initial business combination within the prescribed time frame, in which case we would cease all operations except for the purpose of winding up and we would redeem our public shares and liquidate.
  • If we seek stockholder approval of our initial business combination, our initial stockholders, directors, executive officers, advisors and their affiliates may elect to purchase shares from public stockholders, which may influence a vote on a proposed business combination and reduce the public “float” of our common stock.
  • If a stockholder fails to receive notice of our offer to redeem our public shares in connection with our business combination, or fails to comply with the procedures for tendering its shares, such shares may not be redeemed.
The other 57 risks
  • If we seek stockholder approval of our initial business combination and we do not conduct redemptions pursuant to the tender offer rules, and if you or a “group” of stockholders are deemed to hold 15% or more of our common stock, you will lose the ability to redeem all such shares equal to or in excess of 15% of our common stock.
  • Because of our limited resources and the significant competition for business combination opportunities, it may be more difficult for us to complete our initial business combination. If we are unable to complete our initial business combination, our public stockholders may receive only approximately $10.95 per share, on our redemption, and our rights and warrants will expire worthless.
  • If the net proceeds of the IPO offering and the sale of the private placement units not being held in the trust account are insufficient to allow us to operate through the Deadline Date, we may be unable to complete our initial business combination.
  • If the proceeds held in the trust account are insufficient, it could limit the amount available to fund our search for a target business or businesses and complete our initial business combination and we will depend on loans from our initial stockholders or management team to fund our search, to pay our taxes and to complete our business combination.
  • We may seek acquisition opportunities in companies that may be outside of our management’s areas of expertise.
  • Although we have identified general criteria and guidelines that we believe are important in evaluating prospective target businesses, we may enter into our initial business combination with a target that does not meet such criteria and guidelines, and as a result, the target business with which we enter into our initial business combination may not have attributes entirely consistent with our general criteria and guidelines.
  • We are not required to obtain an opinion from an independent investment banking firm or from an independent accounting firm, and consequently, you may have no assurance from an independent source that the price we are paying for the business is fair to our company from a financial point of view.
  • Resources could be wasted in researching acquisitions that are not completed, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business. If we are unable to complete our initial business combination, our public stockholders may receive only approximately $10.95 per share on the liquidation of our trust account and our rights and warrants will expire worthless.
  • We may have a limited ability to assess the management of a prospective target business and, as a result, may effect our initial business combination with a target business whose management may not have the skills, qualifications or abilities to manage a public company.
  • We may engage in a business combination with one or more target businesses that have relationships with entities that may be affiliated with our sponsors, executive officers and directors which may raise potential conflicts of interest.
  • We will likely only be able to complete one business combination with the proceeds of this offering and the sale of the private placement units, which will cause us to be solely dependent on a single business which may have a limited number of products or services. This lack of diversification may negatively impact our operations and profitability.
  • We may attempt to simultaneously complete business combinations with multiple prospective targets, which may hinder our ability to complete our initial business combination and give rise to increased costs and risks that could negatively impact our operations and profitability.
  • Our management may not be able to maintain control of a target business after our initial business combination. We cannot provide assurance that, upon loss of control of a target business, new management will possess the skills, qualifications or abilities necessary to profitably operate such business.
  • We may be unable to obtain additional financing to complete our initial business combination or to fund the operations and growth of a target business, which could compel us to restructure or abandon a particular business combination.
  • Because we must furnish our stockholders with target business financial statements, we may lose the ability to complete an otherwise advantageous initial business combination with some prospective target businesses.
  • As the number of special purpose acquisition companies evaluating target businesses increases, attractive target businesses may become scarcer and there may be more competition for attractive target businesses. This could increase the cost of our initial business combination and could even result in our inability to find a target business or to consummate an initial business combination.
  • Changes in the market for directors’ and officers’ liability insurance could make it more difficult and more expensive for us to negotiate and complete an initial business combination.
  • Risks Relating to the Post-Business Combination Company
  • Subsequent to the completion of our initial business combination, we may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and our stock price, which could cause you to lose some or all of your investment.
  • Because we are not limited to a particular industry or any specific target businesses with which to pursue our initial business combination, you will be unable to ascertain the merits or risks of any particular target business’ operations.
  • We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our stockholders’ investment in us.
  • If we effect our initial business combination with a company with operations or opportunities outside of the United States, we would be subject to a variety of additional risks that may negatively impact our operations.
  • Risks Relating to our Management Team
  • Past performance by our management team may not be indicative of future performance of an investment in us.
  • We are dependent upon our executive officers and directors and their departure could adversely affect our ability to operate.
  • Our ability to successfully effect our initial business combination and to be successful thereafter will be totally dependent upon the efforts of our key personnel, some of whom may join us following our initial business combination. The loss of key personnel could negatively impact the operations and profitability of our post-combination business.
  • Our key personnel may negotiate employment or consulting agreements with a target business in connection with a particular business combination. These agreements may provide for them to receive compensation following our initial business combination and as a result, may cause them to have conflicts of interest in determining whether a particular business combination is the most advantageous.
  • Our executive officers and directors will allocate their time to other businesses thereby causing conflicts of interest in their determination as to how much time to devote to our affairs. This conflict of interest could have a negative impact on our ability to complete our initial business combination.
  • Certain of our executive officers and directors are now, and all of them may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by us following our initial business combination and, accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented.
  • Our executive officers, directors, security holders and their respective affiliates may have competitive pecuniary interests that conflict with our interests.
  • Since our initial stockholders, including our sponsors, executive officers and directors, will lose their entire investment in us if our initial business combination is not completed, a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination.
  • Since our sponsors, executive officers and directors will not be eligible to be reimbursed for their out-of-pocket expenses if our business combination is not completed, a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination.
  • Risks Relating to Our Securities
  • You will not have any rights or interests in funds from the trust account, except under certain limited circumstances. To liquidate your investment, therefore, you may be forced to sell your public shares, rights or warrants, potentially at a loss.
  • Nasdaq may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.
  • If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per-share redemption amount received by stockholders may be less than $10.95 per share.
  • A provision of our warrant agreement may make it more difficult for us to consummate an initial business combination.
  • Our warrants are expected to be accounted for as a warrant liability and will be recorded at fair value upon issuance with changes in fair value each period reported in earnings, which may have an adverse effect on the market price of our common stock or may make it more difficult for us to consummate an initial business combination.
  • Our directors may decide not to enforce the indemnification obligations of our sponsors, resulting in a reduction in the amount of funds in the trust account available for distribution to our public stockholders.
  • If, after we distribute the proceeds in the trust account to our public stockholders, we file a bankruptcy petition or an involuntary bankruptcy petition is filed against us that is not dismissed, a bankruptcy court may seek to recover such proceeds, and the members of our board of directors may be viewed as having breached their fiduciary duties to our creditors, thereby exposing the members of our board of directors and us to claims of punitive damages.
  • Each of our warrant agreement and rights agreement will designate the courts of the State of New York or the United States District Court for the Southern District of New York as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by holders of our warrants and holders of our rights, which could limit the ability of warrant holders and right holders to obtain a favorable judicial forum for disputes with our company.
  • If, before distributing the proceeds in the trust account to our public stockholders, we file a bankruptcy petition or an involuntary bankruptcy petition is filed against us that is not dismissed, the claims of creditors in such proceeding may have priority over the claims of our stockholders and the per-share amount that would otherwise be received by our stockholders in connection with our liquidation may be reduced.
  • Our stockholders may be held liable for claims by third parties against us to the extent of distributions received by them upon redemption of their shares.
  • We are not registering the shares of common stock issuable upon exercise of the warrants under the Securities Act or any state securities laws at this time, and such registration may not be in place when an investor desires to exercise warrants, thus precluding such investor from being able to exercise its warrants except on a cashless basis and potentially causing such warrants to expire worthless.
  • The grant of registration rights to our initial stockholders and holders of our private placement units may make it more difficult to complete our initial business combination, and the future exercise of such rights may adversely affect the market price of our common stock.
  • We may issue additional shares of common stock or preferred stock to complete our initial business combination or under an employee incentive plan after completion of our initial business combination, and any such issuances would dilute the interest of our stockholders and likely present other risks.
  • In order to effectuate an initial business combination, blank check companies have, in the recent past, amended various provisions of their charters and modified governing instruments. We cannot assure you that we will not seek to amend our amended and restated certificate of incorporation or governing instruments in a manner that will make it easier for us to complete our initial business combination that our stockholders may not support.
  • Certain agreements related to this offering may be amended without stockholder approval.
  • Our initial stockholders control a substantial interest in us and thus may exert a substantial influence on actions requiring a stockholder vote, potentially in a manner that you do not support.
  • We may amend the terms of the rights and warrants in a manner that may be adverse to holders of the rights or public warrants with the approval by the holders of at least 65% of the then outstanding rights or public warrants, respectively.
  • We may redeem your unexpired warrants prior to their exercise at a time that is disadvantageous to you, thereby making your warrants worthless.
  • Our rights and warrants may have an adverse effect on the market price of our common stock and make it more difficult to effectuate our initial business combination.
  • Provisions in our amended and restated certificate of incorporation and Delaware law may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future for our common stock and could entrench management.
  • Provisions in our amended and restated certificate of incorporation and Delaware law may have the effect of discouraging lawsuits against our directors and officers.
  • General Risks
  • We are a newly formed company with no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve our business objective.
  • If we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete our business combination.
  • Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, investments and results of operations.
  • There is currently no market for our securities and a market for our securities may not develop, which would adversely affect the liquidity and price of our securities.
  • We are an emerging growth company within the meaning of the Securities Act, and we intend to take advantage of certain exemptions from disclosure requirements available to emerging growth companies, which could make our securities less attractive to investors and may make it more difficult to compare our performance with other public companies.
  • Compliance obligations under the Sarbanes-Oxley Act may make it more difficult for us to effectuate our initial business combination, require substantial financial and management resources, and increase the time and costs of completing an acquisition.

Legal proceedings

We may be subject to legal proceedings, investigations and claims incidental to the conduct of our business from time to time. We are not currently a party to any material litigation or other legal proceedings brought against us. We are also not aware of any legal proceeding, investigation or claim, or other legal exposure that has a more than remote possibility of having a material adverse effect on our business, financial condition or results of operations.

The opening of Item 3, Legal Proceedings.3

Sources

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    SEC EDGAROther events
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    SEC EDGAROther events
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    SEC EDGAROther events
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