SCHEDULE 13G/A: Investment Group Discloses 9.99% Stake in Bon Natural Life Ltd Through Warrant Holdings

East West Capital, LLC and its affiliates have filed an amended Schedule 13G, disclosing a beneficial ownership of 9.99% of Bon Natural Life Ltd's Class A Ordinary Shares, totaling 1,211,659 shares, held via a warrant with a contractual ownership cap.

Summary

• East West Capital, LLC, along with its managing entities Global Investors, LLC, Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife, collectively reported beneficial ownership of Bon Natural Life Ltd's Class A Ordinary Shares.
• The aggregate amount beneficially owned by these reporting persons is 1,211,659 shares.
• This ownership represents 9.9% of the class, specifically capped at 9.99% due to a contractual agreement related to a warrant.
• The total outstanding shares of Bon Natural Life Ltd were 12,128,719 as of March 18, 2025, as reported in the Issuer's Form 424B4.
• The ownership is primarily through rights under a warrant, which would allow for ownership exceeding the stated cap if not for the contractual limitation.
• All reporting persons hold sole voting and sole dispositive power over these 1,211,659 shares.

Sentiment

Score: 6

Explanation: The filing is neutral in tone, primarily a factual disclosure of ownership. The significant stake (9.99%) could be seen as mildly positive, indicating investor interest, but the passive nature and contractual cap limit strong sentiment.

Positives

• The disclosure of a significant 9.99% stake by East West Capital, LLC and its affiliates may signal investor confidence or strategic interest in Bon Natural Life Ltd.
• The contractual ownership cap of 9.99% provides clarity on the maximum percentage of shares this group intends to hold, which can be a stabilizing factor for the market.

Risks

• The document mentions that East West Capital, LLC has rights under a warrant to own shares that would exceed the contractual cap, indicating potential complexity in the underlying agreement.
• While the current ownership is capped, the existence of a warrant implies potential future share issuance or exercise, which could lead to dilution for other shareholders if not already accounted for in the outstanding share count.

Future Outlook

The document does not contain forward-looking statements or guidance from the issuer or the reporting persons regarding the issuer's future performance or strategic direction. It solely focuses on the current beneficial ownership structure.

Management Comments

• "Reporting person East West Capital, LLC ('East West') has rights, under a warrant, to own an aggregate number of shares of the Issuer's Class A Ordinary Shares which, except for a contractual cap on the amount of outstanding shares that East West may own, would exceed such a cap."
• "East West's current ownership cap is 9.99%."
• "Thus, the number of shares of the Issuer's Class A Ordinary Shares beneficially owned by East West as of the date of this filing was 1,211,659 shares, which is 9.99% of the 12,128,719 shares outstanding on March 18, 2025 (as reported in the Issuer's Form 424B4 filed on that date)."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

This filing is a standard disclosure of significant passive ownership in a publicly traded company. While it does not provide specific industry trends, the presence of a large institutional holding can signal investor confidence in the natural health and life products sector, where Bon Natural Life Ltd operates.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive ownership stake, potentially signaling investor confidence or interest in the company's long-term prospects.

Key Dates

Keywords

Bon Natural Life Ltd, East West Capital, Global Investors, Streeterville Capital, Streeterville Management, John M. Fife, Schedule 13G, beneficial ownership, Class A Ordinary Shares, warrant, ownership cap, SEC filing, G14492121