As Filed With the Securities and Exchange Commission on September 26, 2017
Registration Statement No. ___________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
BION ENVIRONMENTAL TECHNOLOGIES, INC.
Exact name of Registrant as Specified in its Charter
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Colorado
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84-1176672
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State or Other Jurisdiction of Incorporation
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IRS Employer Identification Number
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Box 566/1774 Summitview Way
Crestone, Colorado 81131
(Address of Principal Executive Offices, Including Zip Code)
(212) 758-6622
(Registrant's Telephone Number, Including Area Code)
Bion Environmental Technologies, Inc.
2006 Consolidated Incentive Plan
(Full title of plan)
Bion Environmental Technologies, Inc.
Box 566/1774 Summitview Way, Crestone, Colorado 81131
(Name and address of agent for service)
(212) 758-6622
(Telephone number, including area code, for agent of service)
Copy to:
Kathy Paradise
9 East Park Court
Old Bethpage, New York 11804
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
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Large accelerated filer
☐
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Accelerated filer
☐
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Non-accelerated filer
☐
(Do not check if a smaller reporting company)
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Smaller reporting company
☒
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Emerging growth company ☐
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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 7(a)(2)(B) of the Securities Act
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¨
CALCULATION OF REGISTRATION FEE
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Title of Securities to
be Registered
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Amount to be
Registered
(1)
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Proposed Maximum
Offering Price Per
Share
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Proposed Maximum
Aggregate Offering
Price
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Amount of
Registration Fee
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Common Stock,
No Par Value
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8,000,000
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$0.65
(2)
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$5,200,000
(2)
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$602.68
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Total
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$602.68
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(1) Represents increase in the total number of shares reserved for issuance under the 2006 Consolidated Incentive Plan. A total of 22,000,000 shares have previously been registered under a registration statement on Form S-8 (File No. 333-145153) with respect to the 2006 Consolidated Incentive Plan.
(2) Based on the closing price of Registrant's Common Stock on the OTC Bulletin Board on September 25, 2017, of
$0.65.
STATEMENT UNDER GENERAL INSTRUCTION E
REGISTRATION OF ADDITIONAL SECURITIES
The registrant, Bion Environmental Technologies, Inc., previously filed a registration statement on Form S-8 with the Securities and Exchange Commission on August 6, 2007 (Sec File No. 333-145153) in connection with the registration of an aggregate of 3,200,000 shares of common stock to be issued under the 2006 Consolidated Incentive Plan; on June 18, 2008, an amendment was filed increasing the number of shares being registered to 4,200,000; on October 16, 2009, an amendment was filed increasing the number of shares being registered to 6,000,000; on May 27, 2011, an amendment was filed increasing the number of shares being registered to 8,000,000; on February 28, 2013, an amendment was filed increasing the number of shares being registered to 12,000,000; on May 28, 2014, an amendment was filed increasing the number of shares being registered to 17,000,000; and on February 27, 2015, an amendment was filed increasing the number of shares being registered to 22,000,000
Pursuant to General Instruction E of Form S-8, this registration statement is filed solely to register an additional 8,000,000 shares of the Company's common stock for issuance under the 2006 Consolidated Incentive Plan. This increase was approved by the registrant's Board of Directors on September 22, 2017. Pursuant to Instruction E, the contents of the previously filed registration statement on Form S-8 (File No. 333-145153) are hereby incorporated by reference into this registration statement.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 8.
Exhibits.
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Exhibit
Number
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Description
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Location
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5.1
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Opinion of Mark A. Smith, Attorney-at-Law regarding legality
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Filed herewith electronically
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23.1
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Consent of GHP Horwath, P.C.
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Filed herewith electronically
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23.2
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Consent of Eide Bailley LLC
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Filed herewith electronically
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23.3
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Consent of Mark A. Smith, Attorney-at-Law
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(Contained in Exhibit 5.1)
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