secwatch.observer — SEC 8-K summary
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Issuer:     BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
CIK:        0000875729
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001079973-26-000113
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bion extends issuance of 7.7M settlement shares to affiliates and ex-director by 90 days
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875729/000107997326000113/0001079973-26-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875729/000107997326000113/bion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-000113

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