---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-24-001333"
form_type: "8-K"
ticker: "BNET"
cik: "0000875729"
company_name: "BION ENVIRONMENTAL TECHNOLOGIES INC"
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T07:05:11.117528+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bion gets $500k commitment from board group; OMRI certifies nitrogen fertilizer for organic use

## Summary
- Group led by three new board members commits up to $500k via secured convertible note; terms not finalized.
- Proceeds to maintain operations until larger offering; interim CEO admits company ran out of cash and leadership.
- Commercial 10-0-0 nitrogen fertilizer OMRI Listed for organic use, allowing sales to organic farmers.
- OMRI listing is second for Bion, first for a concentrated commercial product; can be applied via drip irrigation.
- Fertilizer derived from patented Ammonia Recovery System captures ammonia from livestock manure.

## SEC filing metadata
- accession: 0001079973-24-001333
- form_type: 8-K
- ticker: BNET
- cik: 0000875729
- company_name: BION ENVIRONMENTAL TECHNOLOGIES INC
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875729/000107997324001333/0001079973-24-001333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875729/000107997324001333/bion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-24-001333
- JSON: https://secwatch.observer/filing/0001079973-24-001333.json
- Plain text: https://secwatch.observer/filing/0001079973-24-001333.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.