Departed
Mike Nelson
Chief Executive Officer
BASA ·
BASANITE, INC.
The reappointment follows Mike Nelson’s departure from the role of Chief Executive Officer
Ready 8-Ks
11
Latest filing
June 5, 2026, 4:47 PM ET
Top materiality
0.85
Event mix
leadership ×9 · other_material ×1 · regulatory ×1
Sentiment
0 pos · 3 neg · 8 neu
Executive change
recent →
Recent 8-K filings for BASA
Highest-materiality recent filing
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.
- Cure period until Oct 28, 2024 to re-comply: bid price >= $0.01 for ten consecutive trading days.
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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.
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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.
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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.
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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.
Executive changes
Appointed
(interim)
Ronald LoRicco, Sr.
Acting Interim Chief Executive Officer
BASA ·
BASANITE, INC.
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.
Appointed
Michael Dennis Nelson
Chief Executive Officer
BASA ·
BASANITE, INC.
On March 18, 2025, Michael Dennis Nelson agreed to become the Chief Executive Officer of Basanite, Inc. (the “Company”) through April 1, 2028.
Appointed
Andrew Acquarulo Jr.
Director
BASA ·
BASANITE, INC.
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.
Appointed
(interim)
Ali Manav
Acting Chief Executive Officer
BASA ·
BASANITE, INC.
On October 2, 2024, Ali Manav agreed to become the Acting Chief Executive Officer of Basanite, Inc. (the “Company”) through June 30, 2025.
Appointed
(interim)
Ronald LoRicco, Sr.
Acting Interim Chief Executive Officer
BASA ·
BASANITE, INC.
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.
Departed
(interim)
Thomas Richmond
acting Interim Chief Executive Officer
BASA ·
BASANITE, INC.
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.
Materiality & sentiment trend
Max materiality 0.85 · Median 0.50 · Most common event leadership