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Basanite Inc
2660 NW 15TH COURT, UNIT 108
Phone: (954) 532-4653p:954 532-4653 POMPANO BEACH, FL  33069  United States Ticker: BASABASA
Business Summary
Basanite, Inc., through its wholly owned subsidiary, Basanite Industries, LLC, manufactures a range of green, sustainable, non-corrosive, lightweight, composite products that are used in concrete reinforcement by the construction industry. The Company’s core product includes BasaFlex, a basalt fiber-reinforced polymer (BFRP) reinforcing bar known as rebar. Its BasaMix products are fine denier basalt fibers available in various chopped sizes. BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete. BasaMix also serves as a system approach for optimum performance of a concrete element when used in conjunction with its BasaFlex rebar. Its BasaMesh is a line of Basalt Geogrid Mesh Rolls. BasaMesh is designed for secondary and temperature shrinkage reinforcement. BasaMesh can also work in conjunction with the BasaFlex rebar or BasaMix for a total reinforcement program.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023YesYes---

Industries
SIC Code Description
1791 Structural steel erection

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Ronald J.LoRicco 59 10/3/2024 6/1/2017
Interim Chief Executive Officer AliManav 55 10/3/2024 10/3/2024
Acting Interim Chief Financial Officer JacquelinePlaceres 43 12/15/2022 12/9/2022
6 additional Officers and Directors records available in full report.

Business Names
Business Name
BASA
Basalt America, LLC
Basanite Industries, LLC
4 additional Business Names available in full report.

General Information
Number of Employees: 2 (As of 12/31/2023)
Outstanding Shares: 260,156,796 (As of 8/14/2024)
Shareholders: 277
Stock Exchange: OTC
Federal Tax Id: 204959207


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Wednesday, November 20, 2024