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BNB Standard Shares Traded at 0.78 Times Adjusted Net Asset Value

BNB Standard Shares Traded at 0.78 Times Adjusted Net Asset Value

Photo: TokenPost

BNB Standard Corporation shares traded at 0.78 times the company's adjusted net asset value on Oct. 21, two days after it appointed a CEO and announced plans to operate a BNB Chain validator. Nasdaq-listed BNC shares were $5.71 at 3:36 p.m. ET (19:36 UTC). At 3:38 p.m. ET (19:38 UTC), the company's adjusted net asset value was $7.29 per diluted share. The figures are snapshots taken two minutes apart. Adjusted net asset value is a company-defined, non-GAAP measure.

Source: TokenPost

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