Basanite reappoints Ronald LoRicco as Acting Interim CEO after Mike Nelson's departure

BASANITE, INC.

Ronald LoRicco returns as Acting Interim CEO effective April 18, 2025; previously held role from April to October 2024.
Reappointment follows Mike Nelson's departure as CEO; company begins search for permanent CEO.
Board cites confidence in LoRicco's leadership and need for continuity.

item 5.02

Executive movements

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Departed

Mike Nelson

Chief Executive Officer

BASA · BASANITE, INC.

Successor: Ronald LoRicco, Sr.
Filed: April 23, 2025, 7:59 PM ET

The reappointment follows Mike Nelson’s departure from the role of Chief Executive Officer

Appointed (interim)

Ronald LoRicco, Sr.

Acting Interim Chief Executive Officer

BASA · BASANITE, INC.

Effective: 2025-04-18
Filed: April 23, 2025, 7:59 PM ET

On April 18, 2025 the Board of Directors of Basanite, Inc. (the “Company”) approved the reappointment of Ronald LoRicco, Sr. as the Company’s Acting Interim Chief Executive Officer, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Nelson departed as Chief Executive Officer at BASANITE, INC..

Action: departed
Role: Chief Executive Officer

Exact text from the filing

The reappointment follows Mike Nelson’s departure from the role of Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ronald LoRicco, Sr. was appointed as Acting Interim Chief Executive Officer at BASANITE, INC..

Action: reappointed
Role: Acting Interim Chief Executive Officer

Exact text from the filing

On April 18, 2025 the Board of Directors of Basanite, Inc. (the “Company”) approved the reappointment of Ronald LoRicco, Sr. as the Company’s Acting Interim Chief Executive Officer, effective immediately.

View on SEC.gov

BASANITE, INC. filing history →

Source: SEC EDGAR

accession 0001553350-25-000010

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