---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-039899"
form_type: "8-K"
ticker: "ABCP"
cik: "0000020639"
company_name: "AmBase Corp"
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:43:52.232547+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AmBase enters $250K promissory note with CEO for working capital

## Summary
- Loan from CEO Richard A. Bianco for $250,000 at 7% interest for working capital.
- Maturity: earlier of receipt of sufficient funds from sources (excluding litigation funding) or Aug 31, 2025.
- Note may be converted by Bianco into a litigation funding agreement pari passu with any such agreement.
- Company continues to evaluate raising ~$7 million via various funding/financing alternatives.

## SEC filing metadata
- accession: 0001140361-23-039899
- form_type: 8-K
- ticker: ABCP
- cik: 0000020639
- company_name: AmBase Corp
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20639/000114036123039899/0001140361-23-039899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20639/000114036123039899/brhc20057582_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-039899
- JSON: https://secwatch.observer/filing/0001140361-23-039899.json
- Plain text: https://secwatch.observer/filing/0001140361-23-039899.txt

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