Basanite Ownership
| BASA Stock | USD 0.05 0 1.96% |
Basanite |
Basanite OTC Stock Ownership Analysis
About 30.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.06. Basanite had not issued any dividends in recent years. The entity had 1:69 split on the 17th of May 2013. Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida. Basanite operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 23 people.The quote for Basanite is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Basanite please contact the company at 954 532 4653 or go to https://www.basaniteindustries.com.Basanite Outstanding Bonds
Basanite issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Basanite uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Basanite bonds can be classified according to their maturity, which is the date when Basanite has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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