---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-000657"
form_type: "8-K"
ticker: "BNET"
cik: "0000875729"
company_name: "BION ENVIRONMENTAL TECHNOLOGIES INC"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:45:59.450677+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bion Environmental sued for $1.49M by Hamstra; forbearance on $500K note extended

## Summary
- Hamstra Builders seeks $1,494,512.72 in unpaid invoices for construction of Ammonia Recovery System at Fair Oaks, IN.
- Includes $653,915 owed to subcontractor Dilling Group, which filed separate suit on March 31, 2025.
- Verbally agreed to extend $500K secured convertible note via forbearance to July 15, 2025.
- Bion retained Indiana counsel; matter previously disclosed via mechanic's lien filed April 2024.

## SEC filing metadata
- accession: 0001079973-25-000657
- form_type: 8-K
- ticker: BNET
- cik: 0000875729
- company_name: BION ENVIRONMENTAL TECHNOLOGIES INC
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875729/000107997325000657/0001079973-25-000657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875729/000107997325000657/bion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-000657
- JSON: https://secwatch.observer/filing/0001079973-25-000657.json
- Plain text: https://secwatch.observer/filing/0001079973-25-000657.txt

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