---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-24-000032"
form_type: "8-K"
ticker: "BASA"
cik: "0001448705"
company_name: "BASANITE, INC."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:03:09.788616+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Basanite interim CEO Thomas Richmond departs Dec 31, 2023; company begins CEO search

## Summary
- Thomas Richmond's engagement as acting Interim CEO ended Dec 31, 2023; no extension granted.
- Company has begun a search for a new CEO and President; Chairman Ronald LoRicco signed filing.
- Richmond served under a contract from July 31, 2023, through Dec 31, 2023.

## SEC filing metadata
- accession: 0001079973-24-000032
- form_type: 8-K
- ticker: BASA
- cik: 0001448705
- company_name: BASANITE, INC.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1448705/000107997324000032/0001079973-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1448705/000107997324000032/basa_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-24-000032
- JSON: https://secwatch.observer/filing/0001079973-24-000032.json
- Plain text: https://secwatch.observer/filing/0001079973-24-000032.txt

## Key facts
- Executive change
  Thomas Richmond was terminated as acting Interim Chief Executive Officer at BASANITE, INC..
  - Action: terminated
  - Role: acting Interim Chief Executive Officer
  source text: On July 31, 2023, Basanite, Inc. (the “Company”) entered into an engagement letter with Thomas Richmond to join our Company as acting Interim Chief Executive Officer and as an independent contractor until December 31, 2023. As the engagement letter has not been extended by the Company, Mr. Richmond’s services with Basanite have terminated and he is no longer affiliated with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1448705/000107997324000032/0001079973-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.