BNB Plus Corp today announced that, in furtherance of its ongoing strategic review, it has reached a mutual agreement with Cypress Management, LLC and its affiliates to conclude their advisory and asset management arrangement, transitioning execution of the Company’s BNB treasury strategy fully in-house.
Clay Shorrock, President and CEO, noted, “Cypress has been a valued, professional partner throughout our relationship, helping us build a disciplined treasury strategy from the ground up and working constructively with us through this transition. Following our shareholder-led financing a little over a month ago, bringing treasury execution fully in-house tightens the alignment between strategy and execution, and we believe marks an important milestone in our strategic process to build long-term shareholder value.”
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