{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-26-001186","form_type":"8-K","ticker":"BNET","cik":"0000875729","company_name":"BION ENVIRONMENTAL TECHNOLOGIES INC","filed_at":"2026-08-27T20:06:47+00:00","discovered_at":"2026-08-27T20:07:09.636264+00:00","generated_at":"2026-08-27T20:07:20.474547+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bion settles lease dispute with $162.5K convertible note; lease payments suspended","bullets":["Bion issued $162,500 convertible promissory note to landlord North Prairie Holdings for delinquent rent at Fair Oaks facility.","Note bears 10% interest, matures Jan 3, 2027 or upon $2M+ qualified financing; converts at financing price.","Monthly $6,250 lease payments suspended and added to note principal until maturity or financing.","On qualified financing, Bion pays $50k cash; balance converts to common stock at investor price.","Company cites severe cash flow constraints and historical management/financial challenges; settlement avoids litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-26-001186","json":"https://secwatch.observer/filing/0001079973-26-001186.json","markdown":"https://secwatch.observer/filing/0001079973-26-001186.md","text":"https://secwatch.observer/filing/0001079973-26-001186.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/875729/000107997326001186/0001079973-26-001186-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/875729/000107997326001186/bion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-27T20:07:20.474547+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"}