|8-KJan 7, 4:16 PM ET

BION ENVIRONMENTAL TECHNOLOGIES INC 8-K

Research Summary

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Bion Environmental Technologies Extends Note Maturities to June 30, 2026

What Happened
Bion Environmental Technologies Inc. (BNET) announced in an 8-K filed January 7, 2026 that all holders of its Secured Convertible Promissory Notes and all holders of its May 2024 Convertible Promissory Notes agreed to extend the notes' maturity date. Both note series originally matured on December 31, 2025 and will now mature on June 30, 2026, with the extension made "under the same terms."

Key Details

  • All holders of the Secured Convertible Promissory Notes and the May 2024 Convertible Promissory Notes agreed to the extension.
  • Original maturity date: December 31, 2025. New maturity date: June 30, 2026.
  • Extension is on the same terms as the existing notes (no new terms disclosed in the filing).
  • 8-K filed on January 7, 2026.

Why It Matters
This extension delays the deadline for repayment or conversion of these convertible notes by six months, which can provide short-term liquidity relief to the company and postpone potential cash outflows or equity dilution tied to conversion. The filing does not disclose note principal amounts or any changes to terms beyond the new maturity date, so investors should watch for future disclosures that detail balances, conversion mechanics, or additional amendments.