Filing Details
- Accession Number:
- 0001553350-19-000193
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-03-07 12:30:55
- Reporting Period:
- 2019-02-27
- Accepted Time:
- 2019-03-07 12:30:55
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1448705 | Basanite Inc. | BASA | Services-Advertising (7310) | 204959207 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1768295 | Vito Michael Barbera | 1423 Sw 13Th Drive Boca Raton FL 33486 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2019-02-27 | 1,000,000 | $0.00 | 3,400,000 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Common Stock Warrant | Acquisiton | 2019-02-27 | 666,667 | $0.00 | 666,667 | $0.08 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
666,667 | 2019-02-27 | 2024-02-27 | No | 4 | A | Direct |
Footnotes
- The Reporting Person purchased these shares of common stock for an aggregate purchase price of $50,000, or $0.05 per share, directly from the Issuer in a private transaction. All such shares are "restricted securities" as such term is defined by the Securities Act of 1933, as amended. Additionally, and as part of the transaction, the Reporting Person received a Common Stock Warrant to purchase up to 666,667 shares of common stock at a per share exercise price of $0.075 (the "Warrant"). The Warrant may be exercised from the date of issuance until February 27, 2024. All shares of common stock underlying the Warrant are "restricted securities" as such term is defined by the Securities Act of 1933, as amended.