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Bion Environmental Technologies Extends BLG Note Maturity

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Bion Environmental Technologies Extends BLG Note Maturity

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An update from Bion Environmental Technologies ( (BNET) ) is now available.

On July 24, 2025, Bion Environmental Technologies entered into a Forbearance Agreement with Bion BLG, LLC, extending the maturity date of the BLG Note to January 15, 2026. The agreement, effective from July 15, 2025, was ratified by Bion’s Board and includes a 9% per annum interest rate on outstanding amounts. The agreement also outlines a new formula for BLG’s obligation regarding legal costs related to construction litigation at Bion’s demonstration facility. Additionally, Bion BLG, LLC, extended their collateral-sharing agreement with investors from prior Shareholder Note offerings, with a new offering dated July 25, 2025.

More about Bion Environmental Technologies

Average Trading Volume: 30,718

Technical Sentiment Signal: Sell

Current Market Cap: $10.77M

For an in-depth examination of BNET stock, go to TipRanks’ Overview page.

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