UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 20, 2024 (June 17, 2024)
BION ENVIRONMENTAL TECHNOLOGIES, INC.
Exact name of Registrant as Specified in its Charter
| Colorado | | 000-19333 | | 84-1176672 |
| State or Other Jurisdiction of Incorporation | | Commission File Number | | IRS Employer Identification Number |
9 East Park Court
Old Bethpage, New York 11804
Address of Principal Executive Offices, Including Zip Code
516-586-5643
Registrant's Telephone Number, Including Area Code
Not applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| | | | | |
Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company ¨ | |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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. 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. His compensatory arrangements have not yet been negotiated and/or finalized at this time. We welcome Mr. Stovall to our senior executive team. See Exhibit 10.1.
Item 7.01 Regulation FD Disclosure.
On June 18, 2024, the Company issued a press release entitled “Stovall Ranching Companies and Bion Team Up to Produce Eco-friendly Montana Beef” which press release has been placed on the Investors page of our website.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | BION ENVIRONMENTAL TECHNOLOGIES, INC. |
| | | |
| | | |
| | By: | /s/ Mark A. Smith |
| Date: June 20, 2024 | Name: | Mark A. Smith, President |
