Bon Natural Life Proposes Major Shareholder Structure Changes

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Bon Natural Life ( (BON) ) has issued an update.

Bon Natural Life Limited has announced an extraordinary general meeting to propose several significant changes to its share capital structure and governance. The proposals include a reorganization of the company’s share capital, the adoption of amended articles of association, and a share repurchase and issuance plan that will significantly alter voting control within the company. If approved, these changes will result in Mr. Yongwei Hu controlling 97.15% of the voting rights and Ms. Jing Liu controlling 1.81%, which could have substantial implications for the company’s governance and strategic direction.

More about Bon Natural Life

YTD Price Performance: 1.96%

Average Trading Volume: 24,166

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.83M

For detailed information about BON stock, go to TipRanks’ Stock Analysis page.

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