---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-000960"
form_type: "8-K"
ticker: "BNET"
cik: "0000875729"
company_name: "BION ENVIRONMENTAL TECHNOLOGIES INC"
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T05:17:18.489476+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bion gets LOIs for 150K gal organic N fertilizer at $7/lb; note extended to July 15

## Summary
- Perfect Blend LOI for 50,000 gallons; Yield RMG LOI for 100,000 gallons; both at $7.00/lb FOB.
- LOIs are non-binding; binding term contracts to follow once production facility and timelines determined.
- Forbearance agreement with Bion BLG LLC extends $500K note maturity to July 15, 2025 at 9% interest, secured by IP.
- Director Turk Stovall resigned; Stephen Posner appointed to board effective May 30, 2025.

## SEC filing metadata
- accession: 0001079973-25-000960
- form_type: 8-K
- ticker: BNET
- cik: 0000875729
- company_name: BION ENVIRONMENTAL TECHNOLOGIES INC
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875729/000107997325000960/0001079973-25-000960-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875729/000107997325000960/bion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-000960
- JSON: https://secwatch.observer/filing/0001079973-25-000960.json
- Plain text: https://secwatch.observer/filing/0001079973-25-000960.txt

## Key facts
- Executive change
  Stephen Posner was appointed as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
  - Action: appointed
  - Role: Director
  source text: Mr. Stephen Posner agreed to become a member of the Board as ratified by the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/875729/000107997325000960/0001079973-25-000960-index.htm
- Executive change
  Turk Stovall resigned as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
  - Action: resigned
  - Role: Director
  source text: the Company’s Board of Directors accepted the resignation of Turk Stovall from the Company’s Board of Directors, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/875729/000107997325000960/0001079973-25-000960-index.htm

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