Current Report · Items 5.02 · 8-K
Basanite, Inc.
BASAOTCEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of directors or certain officers; election of directors; appointment of certain officers; compensatory arrangements of certain officers Departure of Directors On August 13, 2025, Andrew Acquarulo, Jr. remitted his resignation to the Chairman and Board of Directors from his role as Director. Mr.…
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of directors or certain officers; election
of directors; appointment of certain officers; compensatory arrangements of certain officers
Departure of Directors
On August 13, 2025, Andrew Acquarulo, Jr.
remitted his resignation to the Chairman and Board of Directors from his role as Director. Mr. Acquarulo resigned due to time investments
in personal and professional matters that make him unable to attend to the duties and responsibilities as a Director on the Company’s
Board.
On August 14, 2025, Paul Sallarulo remitted
his resignation to the Chairman of the Board of Directors and the Acting Interim Chief Financial Officer notifying the Board and Management
of his retirement from Basanite’s Board.
On August 14, 2025, Sergio Salani remitted
his resignation to the Chairman of the Board of Directors and the Acting Interim Chief Financial Officer notifying the Board and Management
of his retirement from Basanite’s Board.
On August 15, 2025, Jackie Placeres remitted
her resignation to the Chairman of the Board of Directors and Directors notifying the Board and Management of her departure from the
Company. Her resignation is effective as of end of business day August 15, 2025.