{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-26-000947","form_type":"8-K","ticker":"BNET","cik":"0000875729","company_name":"BION ENVIRONMENTAL TECHNOLOGIES INC","filed_at":"2026-07-14T17:03:31+00:00","discovered_at":"2026-07-14T17:04:01.501755+00:00","generated_at":"2026-07-14T17:04:09.415287+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"litigation","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bion settles Fair Oaks construction litigation; issues $1.77M convertible note to Hamstra","bullets":["Settlement with Hamstra Builders dismisses all mechanics liens and litigation related to Fair Oaks Ammonia Recovery System construction.","Bion issues $1,774,512.72 convertible promissory note to Hamstra: 10% interest, maturity Dec 31, 2026, cash payment of $653,915 at future financing, balance convertible at that financing price.","All holders of Bion's Secured Convertible Notes and May 2024 Notes (maturity June 30, 2026) extend maturity to Dec 31, 2026; Bion Loan Group note extended to Jan 31, 2027.","CEO Craig Scott says settlement completes cleanup of capital structure and readies company for recapitalization and growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-26-000947","json":"https://secwatch.observer/filing/0001079973-26-000947.json","markdown":"https://secwatch.observer/filing/0001079973-26-000947.md","text":"https://secwatch.observer/filing/0001079973-26-000947.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/875729/000107997326000947/0001079973-26-000947-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/875729/000107997326000947/bion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-14T17:04:09.415287+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"}