XIAN, China, June 23, 2021 (GLOBE NEWSWIRE) — Bon Pure Life Restricted (Nasdaq: BON) (“BON” or the “Firm”), one of many main bio-ingredient options suppliers within the pure, well being and private care industries, at the moment introduced the pricing of its agency dedication preliminary public providing of two,200,000 peculiar shares, par worth US$0.0001 per share (the “Shares”) at a public providing value of $5.00 per Share (the “Providing”), for whole gross proceeds of $11.0 million, earlier than deducting underwriting reductions, commissions and different associated bills. As well as, BON has granted the underwriters a 45-day choice to buy as much as an extra 330,000 Shares on the public providing value, much less underwriting low cost and commissions. The Shares are anticipated to start buying and selling on the Nasdaq Capital Market underneath the ticker image “BON” on June 24, 2021. The Providing is anticipated to shut on or about June 28, 2021, topic to the satisfaction of customary closing situations.
The Firm intends to make use of the proceeds for working capital, to broaden their gross sales and distribution community, analysis and growth, and to broaden manufacturing capability.
U.S. Tiger Securities, Inc. and Newbridge Securities Company are performing as co-lead guide operating managers, and R.F. Lafferty & Co. Inc. is performing because the joint lead guide operating supervisor.
The Firm’s securities described above are being provided pursuant to an efficient registration assertion on Kind F-1 (SEC File No. 333-251182), that was beforehand filed with the Securities and Alternate Fee (“SEC”) on Could 14, 2021, subsequently amended and declared efficient on June 23, 2021, a duplicate of which has been filed with the SEC and is accessible on the SEC’s web site at www.sec.gov. The Providing is being made solely via such prospectus.
This press launch incorporates details about the pending Providing of securities, and there may be no assurance that the Providing will probably be accomplished.
This press launch shall not represent a proposal to promote, or the solicitation of a proposal to purchase, nor could there be any sale of those securities in any state or jurisdiction by which such a proposal, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
About Bon Pure Life Restricted
The Firm focuses on the manufacturing of non-public care substances, reminiscent of plant extracted perfume compounds for fragrance and perfume producers, pure well being dietary supplements reminiscent of powder drinks and bioactive meals ingredient merchandise largely used as meals components and dietary dietary supplements by their clients. For added info, please go to the Firm’s web site at www.bnlus.com.
Secure Harbor Assertion
This press launch incorporates forward-looking statements as outlined by the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements embody statements regarding plans, aims, targets, methods, future occasions or efficiency, and underlying assumptions and different statements which might be apart from statements of historic info. When the Firm makes use of phrases reminiscent of “could, “will, “intend,” “ought to,” “imagine,” “count on,” “anticipate,” “venture,” “estimate” or related expressions that don’t relate solely to historic issues, it’s making forward-looking statements. Ahead-looking statements are usually not ensures of future efficiency and contain dangers and uncertainties that will trigger the precise outcomes to vary materially from the Firm’s expectations mentioned within the forward-looking statements. These statements are topic to uncertainties and dangers together with, however not restricted to, the next: the Firm’s targets and methods; the Firm’s future enterprise growth; product and repair demand and acceptance; adjustments in expertise; financial situations; the expansion of the pure, well being and private care market in China and the opposite worldwide markets the Firm plans to serve; popularity and model; the impression of competitors and pricing; authorities rules; fluctuations generally financial and enterprise situations in China and the worldwide markets the Firm plans to serve and assumptions underlying or associated to any of the foregoing and different dangers contained in experiences filed by the Firm with the SEC. For these causes, amongst others, traders are cautioned to not place undue reliance upon any forward-looking statements on this press launch. Extra elements are mentioned within the Firm’s filings with the SEC, which can be found for overview at www.sec.gov. The Firm undertakes no obligation to publicly revise these ahead–trying statements to mirror occasions or circumstances that come up after the date hereof.
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