Basanite enters exclusive supply and distribution agreements; appoints two directors

BASANITE, INC.

Exclusive Supplier Agreement with CPPB to supply basalt fiber and BFRP products for concrete.
Distribution Agreement with USS for domestic and exclusive distribution in 7 Central/South American countries.
Board appoints Manuel A. Rodriguez and Frederick H. Tingberg Jr. as directors.
USS receives warrant for 40M shares at $0.33, half vesting immediately, half upon $5M investment.
Company to purchase five additional BasaMax machines to meet anticipated demand.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Manuel A. Rodriguez

Director

BASA · BASANITE, INC.

Filed: December 13, 2021, 6:59 PM ET

the Board of Directors of the Company (the “ Board ”) has appointed Manuel A. Rodriguez and Frederick H. Tingberg, Jr. as members of the Board.

Appointed

Frederick H. Tingberg, Jr.

Director

BASA · BASANITE, INC.

Filed: December 13, 2021, 6:59 PM ET

the Board of Directors of the Company (the “ Board ”) has appointed Manuel A. Rodriguez and Frederick H. Tingberg, Jr. as members of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Manuel A. Rodriguez was appointed as Director at BASANITE, INC..

Action: appointed
Role: Director

Exact text from the filing

the Board of Directors of the Company (the “ Board ”) has appointed Manuel A. Rodriguez and Frederick H. Tingberg, Jr. as members of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Frederick H. Tingberg, Jr. was appointed as Director at BASANITE, INC..

Action: appointed
Role: Director

Exact text from the filing

the Board of Directors of the Company (the “ Board ”) has appointed Manuel A. Rodriguez and Frederick H. Tingberg, Jr. as members of the Board.

View on SEC.gov

BASANITE, INC. filing history →

Source: SEC EDGAR

accession 0001553350-21-001150

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