other_material
confidence high
sentiment neutral
materiality 0.35
Bion extends issuance of 7.7M settlement shares to affiliates and ex-director by 90 days
BION ENVIRONMENTAL TECHNOLOGIES INC
- Board ratified 90-day extension for 7,701,746 settlement shares to affiliates (Lominy, Parlow) and non-affiliates (Bassani spouse, ex-Director Schafer), effective 1/15/26.
- New issuance deadline is April 15, 2026; individual holders may elect earlier issuance.
- Former Director/President Mark Smith elected to receive 400,000 settlement shares on November 12, 2025.
- Holders include family members of late former CEO Dominic Bassani and former director.
item 8.01item 9.01