Bion Environmental Technologies Files 8-K

TL;DR

BION filed an 8-K, looks like a big deal happened Oct 7th.

AI Summary

Bion Environmental Technologies, Inc. filed an 8-K on October 8, 2025, reporting a material definitive agreement and financial statements. The filing does not disclose specific details of the agreement or financial figures, but it indicates a significant event for the company.

Why It Matters

This 8-K filing signals a material event for Bion Environmental Technologies, Inc., potentially impacting its business operations and investor outlook.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant implications for the company's future, but lacks specific details to fully assess the risk.

Key Players & Entities

• BION ENVIRONMENTAL TECHNOLOGIES, INC. (company) — Registrant
• October 8, 2025 (date) — Date of Report
• October 7, 2025 (date) — Date of earliest event reported
• 000-19333 (other) — Commission File Number
• 84-1176672 (other) — IRS Employer Identification Number

FAQ

Filing Documents

• bion_8k.htm (8-K) — 28KB
• ex10x1.htm (EX-10.1) — 14KB
• ex10x2.htm (EX-10.2) — 8KB
• ex10x3.htm (EX-10.3) — 6KB
• image_001.jpg (GRAPHIC) — 8KB
• 0001079973-25-001576.txt ( ) — 228KB
• bion-20251007.xsd (EX-101.SCH) — 3KB
• bion-20251007_lab.xml (EX-101.LAB) — 33KB
• bion-20251007_pre.xml (EX-101.PRE) — 22KB
• bion_8k_htm.xml (XML) — 3KB

01 Entry Into a Material Definitive

Item 1.01 Entry Into a Material Definitive Agreement. Effective 10/7/2025, the Board of Directors ratified settlement agreements ("Settlement Agreements") executed by two affiliates of the Company (Danielle Lominy and Christopher Parlow, family members of the late Dominic Bassani, Bion's former CEO), and three non-affiliates of the Company (Dominic Bassani's spouse, Mark A. Smith, previously a Director and President, and Edward Schafer, previously a Director) (referred to hereinafter collectively as Holders'). The Settlement Agreements will simplify Bion's capital structure and substantially reduce the number of Fully Diluted Shares. In consideration of the cancellation of various obligations and security instruments held by the Holders, including without limitation deferred compensation, convertible notes, warrants, and options, the Holders (as a whole) will receive, in aggregate, 8,101,746 shares of common stock. If all the instruments they forfeited had been converted or exercised, it could have increased the Company's shares outstanding by 22,498,405. The transactions represent a net reduction in fully diluted shares of 14,369,659 and an increase in outstanding shares of 8,101,746 (approximately). The shares will be issued by January 15, 2026, or earlier upon the election of the individual Holders.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Bassani Family Group Settlement Agreement 10.2 Mark Smith Settlement Agreement 10.3 Edward Schafer Settlement Agreement 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BION ENVIRONMENTAL TECHNOLOGIES, INC. By: /s/ Stephen Craig Scott Date: October 8, 2025 Name: Stephen Craig Scott Interim CEO

View Full Filing

View this 8-K filing on SEC EDGAR