BION ENVIRONMENTAL TECHNOLOGIES INC 8K

Bion Environmental Technologies, Inc. entered into a secured $1.77 million convertible promissory note with The Hamstra Group, Inc. featuring equity conversion rights, collateral security, and extensive default protections.

On July 14, 2026, Bion Environmental Technologies, Inc. issued a secured convertible promissory note in the principal amount of $1,774,512.72 to The Hamstra Group, Inc., bearing 10% annual interest (18% on default), maturing December 31, 2026, and secured by the building and equipment at 5093 East 700 North, Fair Oaks, Indiana (excluding the underlying land); the note includes automatic and optional conversion features tied to future equity financings and change-of-control events, most-favored-nation debt protections for the holder, piggyback registration rights for conversion shares, and detailed default triggers related to payment, corporate status, trading status, and SEC/OTC filing and Rule 144 eligibility requirements.

Filing Facts

CIK

875729

Ticker

-

Form

8K

Source Type

sec

Accession

0001079973-26-000947

Alert Tier

7