Bon Natural Life (BON) CEO Hu Yongwei discloses Class A and B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bon Natural Life Ltd director and Chief Executive Officer Hu Yongwei filed an initial insider ownership report. The filing shows direct holdings of 2,004,427 Class B ordinary shares and 80,177 Class A ordinary shares. The Class B shares are convertible, at Hu’s discretion, into an aggregate of 80,177 Class A shares under applicable terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HU YONGWEI
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 2,004,427 shares (Direct);
Class A Ordinary Shares — 80,177 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Class B shares held: 2,004,427 shares
Class A shares held: 80,177 shares
Convertible into Class A: 80,177 shares
+2 more
5 metrics
Class B shares held
2,004,427 shares
Direct Class B ordinary shares held by Hu Yongwei
Class A shares held
80,177 shares
Direct Class A ordinary shares held by Hu Yongwei
Convertible into Class A
80,177 shares
Aggregate Class A shares into which Class B holdings are convertible
Exercise price of Class B
$0.0000 per share
Exercise/conversion price for Class B ordinary shares
Holding entries
2 entries
Number of holding records reported in this Form 3
Key Terms
Class B ordinary shares, Class A ordinary shares, convertible, ten percent owner, +1 more
5 terms
convertible financial
"which are convertible, at the reporting person's discretion, into an aggregate of 80,177 Class A ordinary shares"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
ten percent owner regulatory
"reporting person is marked as a ten percent owner alongside director and officer roles"
initial ownership report regulatory
"filed an initial insider ownership report detailing existing Class A and Class B shares"
FAQ
What insider ownership does BON CEO Hu Yongwei report in this Form 3?
Hu Yongwei reports direct ownership of 2,004,427 Class B ordinary shares and 80,177 Class A ordinary shares of Bon Natural Life Ltd. This filing is an initial ownership statement, not a record of new purchases or sales of BON shares.
Why is Hu Yongwei classified as a ten percent owner of BON in this filing?
Hu Yongwei is identified as a director, Chief Executive Officer, and ten percent owner of Bon Natural Life Ltd, reflecting his significant stake through Class B and Class A ordinary shares. The large Class B position, convertible into Class A shares, contributes to this ownership status.