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BASANITE, INC. (BASA)

Basanite, Inc. is a global enterprise specializing in basalt fiber reinforced polymer (FRP) technology. The company develops and manufactures basalt FRP products that serve as superior alternatives to conventional steel reinforcement, as well as other FRP rebar and various industrial fiber materials. Established in 2006, the firm was initially known as PayMeOn, Inc. before officially rebranding to Basanite, Inc. in December 2018. Its corporate headquarters are located in Oakland Park, Florida.

Sector: Miscellaneous Manufacturing Industries

Industry: Construction Materials

Basanite, Inc. logo

Basanite, Inc.

OTC:BASABasic Materials
-19.67%$0.0197
Mkt Cap$5.27M
Float171.34M
O/S267.56M
Inst Own0.0%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$5.27M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership0.01%

based on 267.56M shares outstanding

SectorBasic Materials
IndustryConstruction Materials
ExchangeOTC
CountryUSUS
IPO DateAug 5, 2013
Shares Outstanding267.56M
Float171.34M
Company Overview

Basanite, Inc. is a global enterprise specializing in basalt fiber reinforced polymer (FRP) technology.

The company develops and manufactures basalt FRP products that serve as superior alternatives to conventional steel reinforcement, as well as other FRP rebar and various industrial fiber materials. Established in 2006, the firm was initially known as PayMeOn, Inc. before officially rebranding to Basanite, Inc. in December 2018.

Its corporate headquarters are located in Oakland Park, Florida.

Leadership

Michael Giorgi

Interim Chief Growth Officer

Ronald J. LoRicco

Acting Interim Chief Executive Officer & Chairman

Employees

2

Country

US

Sector

Basic Materials

Website

basaniteindustries.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
0.0%
Institutional
(1)
0.0%
Insiderⓘ
(0)
0.0%
5%+ Owners
(0)
100.0%
Unattributed (incl. retail)ⓘ
Institutional0.0%
Unattributed (incl. retail)100.0%
Top Shareholders
NameShares%
Kendall Capital Management logo
Kendall Capital Management
31.0K0.0%
Sources: 13FO/S: 267.6M · as of 25 Nov 2025 · SEC cover page
Insiders & Institutional Holders

Top institutional holders

52-Week Range
$0.0058$0.0679
$0.0197(22nd percentile)
Volume
Average Daily Volume82.06K
10.01K today vs 82.06K avg(-88%)

30d Avg

82.06K

60d Avg

126.11K

90d Avg

95.33K

Earnings
Dividend History
No dividend history available
Compliance Status
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