{"schema_version":"secwatch.filing_event.v1","accession":"0001553350-21-000711","form_type":"8-K","ticker":"BASA","cik":"0001448705","company_name":"BASANITE, INC.","filed_at":"2021-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.141539+00:00","generated_at":"2026-06-29T09:11:42.988029+00:00","sec_items":["1.01","3.02","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Basanite closes private placement raising $5.33M gross; issues 19.4M shares and warrants","bullets":["Closed private placement of units at $0.275 each to 17 accredited investors, raising ~$5.33M gross.","Each unit consists of 1 common share, one Warrant A, and one Warrant B; total of 19.4M shares and 38.8M warrant shares issued.","Warrants exercisable at $0.33/share for five years; Warrant B subject to call if stock trades at $1.00+ for 5 consecutive days.","Net proceeds to be used for manufacturing expansion, sales/marketing, debt repayment, and working capital.","Company granted registration rights to file S-1 for resale within 45 days and plans a Re-IPO of at least $15M within 180 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001553350-21-000711","json":"https://secwatch.observer/filing/0001553350-21-000711.json","markdown":"https://secwatch.observer/filing/0001553350-21-000711.md","text":"https://secwatch.observer/filing/0001553350-21-000711.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1448705/000155335021000711/0001553350-21-000711-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1448705/000155335021000711/basa_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T09:11:42.988029+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}