---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-25-000010"
form_type: "8-K"
ticker: "BASA"
cik: "0001448705"
company_name: "BASANITE, INC."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T07:59:11.926016+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001553350-25-000010
- form_type: 8-K
- ticker: BASA
- cik: 0001448705
- company_name: BASANITE, INC.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1448705/000155335025000010/0001553350-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1448705/000155335025000010/basa_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-25-000010
- JSON: https://secwatch.observer/filing/0001553350-25-000010.json
- Plain text: https://secwatch.observer/filing/0001553350-25-000010.txt

## Key facts
- Executive change
  Mike Nelson departed as Chief Executive Officer at BASANITE, INC..
  - Action: departed
  - Role: Chief Executive Officer
  source text: The reappointment follows Mike Nelson’s departure from the role of Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1448705/000155335025000010/0001553350-25-000010-index.htm
- Executive change
  Ronald LoRicco, Sr. was appointed as Acting Interim Chief Executive Officer at BASANITE, INC..
  - Action: reappointed
  - Role: Acting Interim Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1448705/000155335025000010/0001553350-25-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.