Bion Environmental Technologies Settles with Landlord; Issues $162,500 Note

What Happened Bion Environmental Technologies Inc. (BNET) filed an 8-K on August 27, 2026, reporting that it executed a Settlement and Mutual Release Agreement with North Prairie Holdings, LLC, the landlord of the real property in Newton County, Indiana that hosts Bion’s Ammonia Recovery System demonstration facility at Fair Oaks. Concurrently, Bion Group issued a convertible promissory note with an initial principal amount of $162,500. The Settlement Agreement and the Convertible Promissory Note are included as exhibits to the filing.

Key Details

• Settlement counterparty: North Prairie Holdings, LLC (landlord for Fair Oaks demonstration facility).
• Location: Real property in Newton County, Indiana (Fair Oaks demonstration facility).
• Financing instrument: Convertible promissory note issued by Bion Group with an initial principal of $162,500.
• Documents: The Settlement Agreement and the Convertible Promissory Note are attached as exhibits to the 8-K.

Why It Matters The 8-K documents a legal and financing action affecting the property that hosts Bion’s demonstration facility and records a new convertible debt instrument. Investors should review the attached settlement and note exhibits for the full terms (including any conversion, repayment, or other obligations) to assess potential effects on operations, cash needs, and capital structure. The filing does not provide additional financial impact or further terms beyond the initial principal amount in the note.