BASABasanite Inc.

About Basanite Inc. (BASA)

Basanite Inc. (BASA) is a Building Materials company headquartered in Pompano Beach, FL, United States whose shares trade over-the-counter on the OTCQB tier.

Basanite, Inc., operating as Basanite Industries, LLC, was created to exploit the paradigm shift underway in the construction industry. As the industry looks away from traditional steel reinforcement products that not only corrode but also incur long-term costs associated with maintenance and repair, Basanite is well positioned with advanced solutions which are more environmentally friendly, completely non-corrosive, more durable and longer lasting. Basanite is addressing this challenge through the manufacture of reinforcing materials made from basalt fiber reinforced polymers (BFRP).

Products and services

Manufacturer of composite products made from Basalt fiber, used in concrete reinforcement by the construction industry.

BASA key facts

Ticker symbol

BASA

Market tier

OTCQB

Sector

Basic Materials

Industry

Building Materials

Headquarters

Pompano Beach, FL, United States

Country of incorporation

US

Year of incorporation

2017

Employees

3

Estimated market cap

$10.41M (as of Apr 10, 2025)

Shares outstanding

260,156,796

Reporting standard

U.S. Reporting: SEC Reporting

Audit status

Audited

Fiscal year end

12/31

Basanite Inc. leadership

• Michael Dennis Nelson — CEO
• Frederick Tingberg — CTO
• Jackie C Placeres — Treasurer, Secretary, Interim CFO

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