---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-035420"
form_type: "8-K"
ticker: "ABCP"
cik: "0000020639"
company_name: "AmBase Corp"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:52:13.286696+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AmBase Corporation obtains $333K loan from CEO at 7% for working capital

## Summary
- Senior promissory note from Chairman/CEO Richard A. Bianco for $333,000 at 7% annual interest.
- Loan matures July 31, 2025, or earlier upon receipt of sufficient funds (excluding litigation funding for 111 West 57th).
- Bianco may convert amounts due into a litigation funding agreement pari passu with any third-party litigation funder.
- Company continues to seek approximately $7 million in funding from various sources; no assurance of success.

## SEC filing metadata
- accession: 0001140361-23-035420
- form_type: 8-K
- ticker: ABCP
- cik: 0000020639
- company_name: AmBase Corp
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20639/000114036123035420/0001140361-23-035420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20639/000114036123035420/brhc20056123_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-035420
- JSON: https://secwatch.observer/filing/0001140361-23-035420.json
- Plain text: https://secwatch.observer/filing/0001140361-23-035420.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.