BION ENVIRONMENTAL TECHNOLOGIES INC
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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Dec 31, 2023 · Filed Feb 14, 2024
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Item 1A. Risk Factors
During the quarter ended December 31, 2023, the Company sold the following restricted securities: a) 375,000 units at $1.00 per unit consisting of one share of the Company’s restricted common stock and ½ warrant to purchase one share of the Company’s restricted common stock at $1.25 until December 31, 2024 and received gross proceeds of $375,000 and b) 449,261 shares were issued pursuant to our 2006 Consolidated Incentive Plan (“Plan”) upon the conversion of debt and c) 265,639 shares were issued when 321,554 warrants were exercised (using the “cashless exercise” provision of the warrants) and d) 36,506 shares were issued for consulting services.
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