Mike Nelson
The reappointment follows Mike Nelson’s departure from the role of Chief Executive Officer
Highest-materiality recent filing
Basanite terminates auditor Hudgens CPA after discovering PCAOB withdrawal
Hudgens CPA withdrew from PCAOB and ceased operations as of Nov/Dec 2025 without notifying Basanite.
Basanite's Acting Interim CFO resigns; LoRicco stays as CEO and Chairman
Ronald LoRicco, Sr. resigned as Acting Interim CFO on October 15, 2025.
Basanite director and CTO Frederick Tingberg resigns effective August 15, 2025
Frederick Tingberg resigned from the Board of Directors and as Chief Technology Officer, effective August 15, 2025.
Basanite loses four board members including CFO; departures effective Aug 13-15
Andrew Acquarulo Jr. resigned as Director on Aug 13 due to personal/professional commitments.
Basanite reappoints Ronald LoRicco as Acting Interim CEO after Mike Nelson's departure
Ronald LoRicco returns as Acting Interim CEO effective April 18, 2025; previously held role from April to October 2024.
Basanite appoints Michael Dennis Nelson as CEO with deferred salary and 7M option grant
Mr. Nelson, 47, named CEO effective March 18, 2025; contract runs through April 1, 2028.
Basanite appoints Andrew Acquarulo Jr. to Board of Directors
Andrew Acquarulo Jr., age 62, appointed to Board of Directors effective March 17, 2025.
Basanite appoints Ali Manav as Interim CEO; grants 25M stock options at $0.0275
Ali Manav named Acting CEO through June 30, 2025; monthly fee $17,250 deferred until $1M raised.
Basanite receives OTCQB delisting notice for sub-$0.01 bid price
OTCQB notice on July 30, 2024: BASA's bid price below $0.01 for 30+ days, violating continued listing standards.
Basanite appoints Ronald LoRicco, Sr. as Acting Interim CEO
Ronald LoRicco, Sr., 59, appointed Acting Interim CEO on April 11, 2024.
Basanite interim CEO Thomas Richmond departs Dec 31, 2023; company begins CEO search
Thomas Richmond's engagement as acting Interim CEO ended Dec 31, 2023; no extension granted.
The reappointment follows Mike Nelson’s departure from the role of Chief Executive Officer
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.
On March 18, 2025, Michael Dennis Nelson agreed to become the Chief Executive Officer of Basanite, Inc. (the “Company”) through April 1, 2028.
On March 17, 2025, the Board of Directors, through a vote of its Chairman and Directors appointed Mr. Andrew Acquarulo, Jr., 62, to serve a member of its Board of Directors.
On October 2, 2024, Ali Manav agreed to become the Acting Chief Executive Officer of Basanite, Inc. (the “Company”) through June 30, 2025.
On April 11, 2024, the Board of Directors, through a vote of Unanimous Written Consent appointed Mr. Ronald LoRicco, Sr, 59, to serve as the Acting Interim Chief Executive Officer.
On July 31, 2023, Basanite, Inc. (the “Company”) entered into an engagement letter with Thomas Richmond to join our Company as acting Interim Chief Executive Officer and as an independent contractor until December 31, 2023. As the engagement letter has not been extended by the Company, Mr. Richmond’s services with Basanite have terminated and he is no longer affiliated with the Company.
Max materiality 0.85 · Median 0.50 · Most common event leadership