8-K
BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
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 ofReport (Date of earliest event reported): December 5, 2023 (December4, 2023**)**
BION
ENVIRONMENTAL TECHNOLOGIES, INC.
Exact name of Registrant
as Specified in its Charter
| Colorado | 000-19333 | 84-1176672 |
|---|---|---|
| State or Other Jurisdiction<br> of Incorporation | Commission File Number | IRS Employer Identification<br> Number |
9
East Park Court
OldBethpage**, NewYork**
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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement<br> 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<br> 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 7.01 Regulation FD Disclosure.
On November 17, 2023, the Company issued a press release entitled “FoodService Executive Steve Sands Joins Bion’s Advisory Group” which press release has been placed on the Investors page of our website.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description |
|---|---|
| 99.1 | Press<br> Release titled “Food Service Executive Steve Sands Joins Bion’s Advisory Group”<br> (dated December 4, 2023) |
| 104 | Cover Page Interactive Data File<br> (the cover page XBRL tags are embedded within the inline XBRL document) |
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: December 5,<br> 2023 | Name: | Mark A. Smith, President |
Exhibit 99.1
Food Service Executive Steve Sands Joins Bion’s AdvisoryGroup
December 4, 2023. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology and premium sustainable beef, announced today that Steve Sands will join Bion’s Advisory Group, effective immediately.
Steve most recently served as President of Protein Brands for Performance Foodservice, one of the largest food service distributors in the U.S. He is a highly regarded foodservice industry veteran with over 40 years of experience in all phases of the meat business. His experience and relationships will be invaluable in his role with Bion, where he will advise Bion’s CEO to help build a supply chain and marketing strategy for the sustainable beef produced by Bion and its strategic partners.
Steve became CEO of his family-owned Standard Meat Co. in 1979, which then became a leading supplier of steak and ground beef products to Sysco. After it was sold to Meyer Natural Angus, Steve helped build Meyer into the largest natural and organic beef company in the U.S. In 2003, he formed Premium Protein Products, a beef and poultry harvest and processing company dedicated to high value specialty protein programs. Steve joined Performance Food Group in 2009 as Vice President for Protein and brings to Bion a NYSE-traded public company perspective. He currently holds leadership roles in several professional associations and serves on a number of Boards, including the University of Nebraska Supply Chain Management, Zoetis Food Industry, and Farmers for Soil Health Advisory Boards.
Mr. Sands said, “I am looking forward to working with Bill and the Bion team to help define and build the supply chain needed to deliver truly sustainable beef and other meat products to the marketplace. Bion’s technology and production platform, alongside strategic and industry partners, can deliver foundational change to the livestock industry that today faces many challenges, including an evolving consumer base that is and will be increasingly focused on sustainability.”
Bill O’Neill said, “As we continue to build our team, I am very excited Steve has chosen to work with us. His experience is top-shelf and the food service industry he knows so well represents a particularly attractive market for premium branded beef. We really value the assets and resources he brings to our team, and we appreciate he believes, as we do, that Bion’s technology and strategic partner approach represent a path forward to real economic and environmental sustainability for this industry.”
_________________________________
About Bion: Bion’s patented third generation technology (Gen3Tech) minimizes environmental impacts of large-scale livestock production, increases its resource and production efficiencies, and will deliver a premium product with a USDA-certified sustainable brand to the consumer. The platform simultaneously prevents pollution to air, water, and soil, while recovering clean water, high-value organic and low-carbon precision fertilizer coproducts, and renewable energy. Bion is focused on developing state-of-the-art indoor cattle feeding operations that will produce truly sustainable premium beef. For more information, see Bion’s website at https://bionenviro.com.
This material includes forward-looking statementsbased on management's current reasonable business expectations. In this document, the words ‘will’, ‘can’, ‘lookforward (to)’, and similar expressions identify certain forward-looking statements. These statements are made in reliance on thePrivate Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertaintiesthat could result in actual results differing materially from expected outcomes.
Contact Information:
Craig Scott
SVP, Director of Communications
303-898-4945 direct