{"schema_version":"secwatch.filing_event.v1","accession":"0001553350-22-000091","form_type":"8-K","ticker":"BASA","cik":"0001448705","company_name":"BASANITE, INC.","filed_at":"2022-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.520865+00:00","generated_at":"2026-06-27T11:38:45.862724+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Basanite raises $600,000 in private placement of units at $0.33/unit; up to $5M total","bullets":["Initial closings on Jan 28 and Feb 3, 2022 raised $600,000 through sale of 1,818,182 units.","Each unit consists of one common share, one 5-year Warrant A ($0.33 exercise) and one 5-year Warrant B ($0.33, callable if stock ≥$1 for 5 days).","Net proceeds to fund deposits on five pultrusion machines and for general working capital.","Offering is best-efforts with up to $5,000,000 total; additional closings expected over ~60 days.","Investors include affiliates of strategic commercial partner U.S. Supplies, Inc. and director Manuel Rodriguez."],"urls":{"canonical":"https://secwatch.observer/filing/0001553350-22-000091","json":"https://secwatch.observer/filing/0001553350-22-000091.json","markdown":"https://secwatch.observer/filing/0001553350-22-000091.md","text":"https://secwatch.observer/filing/0001553350-22-000091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1448705/000155335022000091/0001553350-22-000091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1448705/000155335022000091/basa_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T11:38:45.862724+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"}