Bon Natural Life Limited

General Information
Business:

Our business focuses on the manufacturing of personal care ingredients, such as plant-extracted fragrance compounds for perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements by our customers. The company is devoted to providing high quality and competitive prices and a stable supply of products and services for the functional food, personal care, natural medicine and other industries. We provide these products and services for third-party customers, as well as for our own proprietary brands. With “nourish life with natural essence” as the business concept, and “becoming an innovator (leader) of natural functional ingredients and an integrated supplier of great health industry” as the goal, after more than 14 years of efforts, the company has formed four technology platforms respectively for natural product large-scale separation, natural product safety improvement, natural product activity enhancement, and natural product function compounding. Our products have not been approved as effective in treating or preventing any health conditions and/or diseases by a regulatory agency in the People’s Republic of China.

Our business is operated through Xi’an App-Chem Bio(Tech)Co., Ltd., a corporation formed in the People’s Republic of China in April 2006. 

(Note: Bon Natural Life Limited upsized its IPO slightly at pricing on June 23, 2021, by selling 2.2 million shares – up from 2.0 million in the prospectus – at $5 to raise $11 million.)

Industry: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS
Employees: 35
Founded: 2020
Contact Information
Address C601, Gazelle Valley, No.69 Jinye Road. Xi’an Hi-tech Zone, Xi’an, China
Phone Number 0086-29-88318908 x805
Web Address http://www.bnlus.com/
View Prospectus: Bon Natural Life Limited
Financial Information
Market Cap $39mil
Revenues $18.2 mil (last 12 months)
Net Income $3.1 mil (last 12 months)
IPO Profile
Symbol BON
Exchange NASDAQ
Shares (millions): 2.2
Price range $5.00 - $5.00
Est. $ Volume $11.0 mil
Manager / Joint Managers US Tiger Securities/ Newbridge Securities Corporation
CO-Managers R. F. Lafferty
Expected To Trade: 6/24/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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