Bona Film Group Chairman Agrees to Purchase 1.5 Million Ordinary Shares at $5.50 per ADS


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Bona Film Group Limited (Nasdaq: BONA) today announced that Yu Dong, its Founder, Chairman and CEO, entered into a purchase agreement with Sequoia Funds to acquire 1.5 million ordinary shares, (equivalent to 3,000,000 ADSs), of the private equity group's holdings in the Company on March 30, 2012. Mr. Yu has agreed to pay $11 per share, (equivalent to $5.50 per ADS), a premium of approximately 5.6% over the closing price of Bona ADSs on March 30, 2012.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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