Bon Natural Life (BON) CTO liu jing reveals sizable Class B share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bon Natural Life Ltd director and Chief Technology Officer liu jing filed an initial ownership report showing a significant equity stake. A footnote states that liu jing holds 2,004,427 Class B ordinary shares, which are convertible, at the reporting person's discretion, into an aggregate of 80,177 Class A ordinary shares, subject to applicable terms and conditions. The filing also reports direct ownership of 1,496 Class A ordinary shares, giving investors a view of the CTO’s aligned interest through both high-vote Class B stock and its Class A equivalent.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
liu jing
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 37,412 shares (Direct);
Class A Ordinary Shares — 1,496 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Class B shares held: 2,004,427 Class B ordinary shares
Class A equivalent: 80,177 Class A ordinary shares
Direct Class A holdings: 1,496 Class A ordinary shares
3 metrics
Class B shares held
2,004,427 Class B ordinary shares
Held by liu jing as disclosed in footnote
Class A equivalent
80,177 Class A ordinary shares
Aggregate Class A shares on conversion of Class B stake
Direct Class A holdings
1,496 Class A ordinary shares
Direct ownership reported by liu jing
Key Terms
Class B ordinary shares, Class A ordinary shares, convertible
3 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.
FAQ
What does Bon Natural Life (BON) Form 3 for liu jing disclose?
The Form 3 discloses Chief Technology Officer liu jing’s initial ownership in Bon Natural Life. It shows a large holding of Class B ordinary shares plus a smaller direct position in Class A ordinary shares, outlining the executive’s equity alignment with shareholders.