---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-001828"
form_type: "8-K"
ticker: "BNET"
cik: "0000875729"
company_name: "BION ENVIRONMENTAL TECHNOLOGIES INC"
filed_at: "2025-12-09T23:59:59+00:00"
generated_at: "2026-05-16T13:53:25.931778+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bion and Kimmeridge sign MOU to explore ammonia recovery at RNG facility; ROFR on 10M shares at premium

## Summary
- MOU with Kimmeridge Energy Management to evaluate JV for Bion's Ammonia Recovery System at a large RNG facility.
- Kimmeridge gets Right of First Refusal to purchase up to 10 million Bion shares at a premium to market price (amount redacted).
- Cost sharing: FEL-1 engineering study split 50-50 (up to $75k total); sample production costs (~$8k/week) covered by Kimmeridge.
- Active development of potential RNG facility could commence in Q2 2026 if JV proceeds.
- MOU non-binding except for cost sharing, ROFR, confidentiality, and IP provisions.

## SEC filing metadata
- accession: 0001079973-25-001828
- form_type: 8-K
- ticker: BNET
- cik: 0000875729
- company_name: BION ENVIRONMENTAL TECHNOLOGIES INC
- filed_at: 2025-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875729/000107997325001828/0001079973-25-001828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875729/000107997325001828/bion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-001828
- JSON: https://secwatch.observer/filing/0001079973-25-001828.json
- Plain text: https://secwatch.observer/filing/0001079973-25-001828.txt

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