{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-25-001477","form_type":"8-K","ticker":"BNET","cik":"0000875729","company_name":"BION ENVIRONMENTAL TECHNOLOGIES INC","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.542747+00:00","generated_at":"2026-05-17T06:18:59.583718+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bion cuts fully diluted shares by ~14.4M via settlements with legacy holders","bullets":["Holders surrender obligations covering 22.9M potential shares for 8.1M shares, net reduction of ~14.4M.","Settlements with two affiliates (Lominy, Parlow) and three non-affiliates (Bassani spouse, Smith, Schafer).","Additionally, 1.3M expiring warrants cashless-exercised for 209,816 shares, cutting another 1.1M from dilutive count.","Effective September 15, 2025; shares to be issued by January 15, 2026.","CEO says cleanup removes barriers to strategic partnerships as company enters commercialization phase."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-25-001477","json":"https://secwatch.observer/filing/0001079973-25-001477.json","markdown":"https://secwatch.observer/filing/0001079973-25-001477.md","text":"https://secwatch.observer/filing/0001079973-25-001477.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/875729/000107997325001477/0001079973-25-001477-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/875729/000107997325001477/bion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:18:59.583718+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}