{"schema_version":"secwatch.filing_event.v1","accession":"0001553350-22-000056","form_type":"8-K","ticker":"BASA","cik":"0001448705","company_name":"BASANITE, INC.","filed_at":"2022-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.520585+00:00","generated_at":"2026-06-27T15:24:55.573122+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Basanite enters transition agreement with interim CEO Kay; search for permanent CEO begins","bullets":["Simon Kay will step down as Acting Interim CFO; continues as Acting Interim CEO and President during transition period (ends by June 30, 2022).","Kay receives $350,000 annual fee during transition; at end receives warrant to purchase 1,000,000 shares at $0.33 per share.","Company has commenced search for a permanent principal executive officer.","Transition period ends 14 days after hiring new PEO, but no earlier than Feb 28, 2022 and no later than June 30, 2022.","Kay subject to non-solicitation, non-competition, and non-disparagement clauses for one year after transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001553350-22-000056","json":"https://secwatch.observer/filing/0001553350-22-000056.json","markdown":"https://secwatch.observer/filing/0001553350-22-000056.md","text":"https://secwatch.observer/filing/0001553350-22-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1448705/000155335022000056/0001553350-22-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1448705/000155335022000056/basa_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T15:24:55.573122+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":[{"claim_id":"ae10eefd06","claim":"Simon R. Kay changed role as Chief Financial Officer at BASANITE, INC..","evidence_excerpt":"(iii) not be required to provide services as Acting Interim Chief Financial Officer of the Company (as such duties may be assumed by other Company personnel);","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1448705/000155335022000056/0001553350-22-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down as"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}