BION ENVIRONMENTAL TECHNOLOGIES INC 8-K
Accession 0001079973-26-000065
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 4:35 PM ET
Size
182.8 KB
Accession
0001079973-26-000065
Research Summary
AI-generated summary of this filing
Bion Environmental Extends Convertible Note Forbearance to June 30, 2026
What Happened
Bion Environmental Technologies Inc. (BNET) announced on January 8, 2026 that the Bion Loan Group (BLG) informed the company it is extending the maturity date of the Convertible Promissory Note’s Second Forbearance Agreement until June 30, 2026. The extension is on the same terms and conditions as the existing agreement, including the collateral sharing arrangement.
Key Details
- The extension was communicated January 8, 2026 and moves the forbearance maturity to June 30, 2026.
- The referenced Second Forbearance Agreement had an effective date of July 15, 2025 (see 8‑K filed July 24, 2025).
- That Second Forbearance Agreement had previously extended a note (effective Oct 15, 2024) to a maturity of January 15, 2026 (see 8‑K filed Oct 24, 2024).
- The extension preserves the same terms and the existing collateral sharing agreement between Bion and BLG.
Why It Matters
This filing documents that the lender group has given Bion additional time before the note's maturity without changing the underlying terms or collateral arrangements. For investors, the extension postpones near‑term creditor enforcement tied to that convertible promissory note and keeps the existing creditor rights in place; investors should review the prior 8‑K filings (Oct 24, 2024 and July 24, 2025) for full terms and monitor future disclosures for any further amendments or impacts on capital structure.
Documents
- 8-Kbion_8k.htmPrimary
FORM 8-K
- EX-101.SCHbion-20260108.xsd
XBRL SCHEMA FILE
- EX-101.LABbion-20260108_lab.xml
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- EX-101.PREbion-20260108_pre.xml
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- XMLShow.js
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- XMLreport.css
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- JSONMetaLinks.json
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- ZIP0001079973-26-000065-xbrl.zip
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Issuer
BION ENVIRONMENTAL TECHNOLOGIES INC
CIK 0000875729
Related Parties
1- filerCIK 0000875729
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 4:35 PM ET
- Size
- 182.8 KB