{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-031436","form_type":"8-K","ticker":"ABCP","cik":"0000020639","company_name":"AmBase Corp","filed_at":"2023-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.665807+00:00","generated_at":"2026-06-13T17:22:30.862933+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AmBase enters $330K promissory note with CEO Bianco at 7% for working capital","bullets":["CEO Richard A. Bianco lends $330,000 at 7.00% annual interest to AmBase for working capital.","Note matures earlier of one week after sufficient funding from any source (excl. litigation funding) or June 30, 2025.","Principal plus interest convertible by Bianco into a litigation funding agreement on pari passu basis.","Company continues seeking ~$7 million in funding from third parties, shareholders, or management.","Bianco has indicated willingness to provide additional working capital line of credit if needed."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-031436","json":"https://secwatch.observer/filing/0001140361-23-031436.json","markdown":"https://secwatch.observer/filing/0001140361-23-031436.md","text":"https://secwatch.observer/filing/0001140361-23-031436.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20639/000114036123031436/0001140361-23-031436-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20639/000114036123031436/brhc20054784_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:22:30.862933+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ee0b8e2dada258fb00f97c405118e503c71e1f96","claim":"AmBase Corp entered into Promissory Note with Mr. Richard A. Bianco valued at three hundred thirty thousand dollars ($330,000).","evidence_excerpt":"In June 2023, AmBase Corporation (the “Company”) and Mr. Richard A. Bianco, the Company’s Chairman, President and Chief Executive Officer (“Mr. R. A. Bianco”) entered into a Senior Promissory Note for Mr. R. A. Bianco to provide a loan to the Company of three hundred thirty thousand dollars ($330,000) at an interest rate of 7.0% per annum, (the “Promissory Note”), for working capital.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20639/000114036123031436/0001140361-23-031436-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Mr. Richard A. Bianco"},{"label":"Value","value":"three hundred thirty thousand dollars ($330,000)"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}