Source-grounded facts extracted from BION ENVIRONMENTAL TECHNOLOGIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
BION ENVIRONMENTAL TECHNOLOGIES INC amended Second Forbearance Agreement with Bion Loan Group (BLG) (effective 2025-07-15).
“On January 8, 2026, the Bion Loan Group (BLG) informed Bion it was extending the maturity date of its Convertible Promissory Note’s Second Forbearance Agreement, with an effective date of July 15, 2025 (see 8-K filed July 24, 2025), under the same terms and conditions (including the collateral sharing agreement), until June 30, 2026.”
Material Agreements
BION ENVIRONMENTAL TECHNOLOGIES INC amended Secured Convertible Promissory Notes with holders of Bion’s Secured Convertible Promissory Notes and holders of Bion’s May 2024 Convertible Promissory Notes (effective 2025-12-31).
“All holders of Bion’s Secured Convertible Promissory Notes, along with all holders of Bion’s May 2024 Convertible Promissory Notes, both Notes with a maturity date of December 31, 2025, have agreed to extend their maturity date, under the same terms until June 30, 2026.”
Stephen Posner was appointed as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Mr. Stephen Posner agreed to become a member of the Board as ratified by the Board of Directors of the Company.”
Turk Stovall resigned as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
“the Company’s Board of Directors accepted the resignation of Turk Stovall from the Company’s Board of Directors, effective immediately.”
Edward Schafer departed as member of the Board of Directors at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Effective December 31, 2024, Edward Schafer has stepped down as a member of the Board of Directors of the Company.”
Bill Rupp departed as member of the Board of Directors at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Effective October 31, 2024, Bill Rupp (“BR”) will step down as a member of the Board of Directors of the Company but will continue in his role on the Company’s Advisory Board.”
Stephen Craig Scott was appointed as Interim CEO at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Effective August 1, 2024, Stephen Craig Scott has assumed the role of Interim CEO;”
Mark A. Smith retired as Director, President, Interim Chief Financial Officer and General Counsel at BION ENVIRONMENTAL TECHNOLOGIES INC.
“On July 31, 2024 Mark A. Smith (“MAS”), commenced his long-anticipated retirement including from his various positions (including Director, President, Interim Chief Financial Officer and General Counsel) at the Company (and its subsidiaries) effective the end of business on July 31, 2024.”
Mark A. Smith retired as President, Interim Chief Financial Officer and General Counsel at BION ENVIRONMENTAL TECHNOLOGIES INC.
“At the same Board meeting, MAS formally informed the Board of his intention that his long anticipated retirement from his various positions (including Director, President, Interim Chief Financial Officer and General Counsel) at the Company (and its subsidiaries) begin effective the end of business on July 31, 2024.”
Bob Weerts was appointed as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
“On June 27, 2024 Mr. Turk Stovall and Mr. Bob Weerts were appointed to the Board of Directors of the Company by the Board.”
Turk Stovall was appointed as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
“On June 27, 2024 Mr. Turk Stovall and Mr. Bob Weerts were appointed to the Board of Directors of the Company by the Board.”
Turk Stovall was appointed as Head of Beef Activities at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Additionally, Mr. Stovall has agreed to become ‘head’ of Bion’s beef activities as his companies and the Company proceed with joint development of a 15,000 head beef facility to be located at the site of his existing Yellowstone Cattle Feeders, LLC operations in Shepherd, Montana.”
Turk Stovall was appointed as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
“On June 17, 2024 Mr. Turk Stovall agreed to join the Board of Directors of the Company upon ratification by the Board at its next meeting later this month.”
Gregory Schoener was appointed as Chief Operating Officer at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Mr. Schoener will assume the COO position on an interim basis.”
S. Craig Scott was appointed as Director at BION ENVIRONMENTAL TECHNOLOGIES INC.
“On May 30, 2024, the Board of Directors appointed S. Craig Scott, the Company’s Head of Business Development, to the Company’s Board of Directors, effective June 1, 2024.”
William O'Neill resigned as Chief Executive Officer at BION ENVIRONMENTAL TECHNOLOGIES INC.
“On May 21, 2024 William O’Neill, then Chief Executive Officer and a Director of the Company, informed other members of the Company’s Board of Directors (by email) of his intention to resign from his positions with the Company.”
Material Agreements
BION ENVIRONMENTAL TECHNOLOGIES INC entered into MAS Agreement with Mark A. Smith valued at surrender of approximately 30% of his Company holdings (as of December 2023); cancellation of all Co (effective 2024-04-01).
“Item 1.01 Entry Into a Material Definitive Agreement. Effective April 1, 2024 the Company entered into two material definitive agreements regarding voluntary surrender for cancellation of securities of the Company (and related matters) by: a) members of the family of Dominic Bassani, recently deceased former Chief Executive Officer and (with his family) the Company’s largest shareholder (collectively “Bassani Family”)(see Exhibit 10.1)(“Bassani Family Agreement”), and b) Mark A. Smith, President of the Company and a director (“MAS”)(see Exhibit 10.2)(“MAS Agreement”). The Bassani Family and MAS entered into these agreements with the intention of mitigating dilution to shareholders as new, successor management is added to the Company’s management team. The Bassani Family has agreed to surrender not less than approximately 20% of its Company holdings (as of December 2023) which surrender will increase to approximately 30% based on certain financing performances set forth in Exhibit 10.1.”
Material Agreements
BION ENVIRONMENTAL TECHNOLOGIES INC entered into Bassani Family Agreement with Bassani Family valued at surrender of not less than approximately 20% of its Company holdings (as of December 2023) which sur (effective 2024-04-01).
“Item 1.01 Entry Into a Material Definitive Agreement. Effective April 1, 2024 the Company entered into two material definitive agreements regarding voluntary surrender for cancellation of securities of the Company (and related matters) by: a) members of the family of Dominic Bassani, recently deceased former Chief Executive Officer and (with his family) the Company’s largest shareholder (collectively “Bassani Family”)(see Exhibit 10.1)(“Bassani Family Agreement”), and b) Mark A. Smith, President of the Company and a director (“MAS”)(see Exhibit 10.2)(“MAS Agreement”). The Bassani Family and MAS entered into these agreements with the intention of mitigating dilution to shareholders as new, successor management is added to the Company’s management team. The Bassani Family has agreed to surrender not less than approximately 20% of its Company holdings (as of December 2023) which surrender will increase to approximately 30% based on certain financing performances set forth in Exhibit 10.1.”
Auditor Changes
BION ENVIRONMENTAL TECHNOLOGIES INC engaged Haynie & Company as its auditor.
“On December 7, 2022, Bion Environmental Technologies, Inc. (“Bion” or the “Company”) entered into an engagement letter with Haynie & Company (“Haynie”) to serve as our certifying accountants commencing with the quarter ending December 31, 2022 through the audit of our fiscal year ending June 30, 2023.”
Auditor Changes
Eide Bailly LLP resigned as auditor of BION ENVIRONMENTAL TECHNOLOGIES INC.
“On December 5, 2022 Eide Bailly LLP, (“Eide Bailly”), Bion’s certifying accountants since January 2017, resigned as the independent registered public accounting firm of the Company, effective immediately.”
Dominic Bassani changed role as Chief Operating Officer at BION ENVIRONMENTAL TECHNOLOGIES INC.
“Dominic Bassani (“Bassani”), CEO of the Company (since 2011), has assumed the position of Chief Operating Officer (“COO”)”
William O'Neill was appointed as Chief Executive Officer at BION ENVIRONMENTAL TECHNOLOGIES INC.
“William O’Neill (“O’Neill”) has been hired as the Company’s Chief Executive Officer (“CEO”) effective May 1, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.