{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-004045","form_type":"8-K","ticker":"ABCP","cik":"0000020639","company_name":"AmBase Corp","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.489402+00:00","generated_at":"2026-06-06T16:45:45.045350+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"AmBase obtains $100,000 promissory note from CEO at 7% interest","bullets":["CEO Richard A. Bianco lends AmBase $100,000 at 7% annual interest for working capital.","Note matures upon sufficient funds from any source (excluding litigation funding) or Dec 31, 2025.","Bianco may convert note into a litigation funding agreement pari passu with other funders.","Company states it is seeking approximately $7M in financing for operations and 111 West 57th litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-004045","json":"https://secwatch.observer/filing/0001140361-24-004045.json","markdown":"https://secwatch.observer/filing/0001140361-24-004045.md","text":"https://secwatch.observer/filing/0001140361-24-004045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20639/000114036124004045/0001140361-24-004045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20639/000114036124004045/ef20019900_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:45:45.045350+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":"985fc2849d5d2164bab3faf76e5a68ce66e1b5f0","claim":"AmBase Corp entered into Senior Promissory Note with Richard A. Bianco valued at $100,000 loan at 7% per annum, due earlier of sufficient funds (excluding litigation funding entity (effective 2024-01-01).","evidence_excerpt":"In January 2024, 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 one hundred thousand dollars ($100,000) 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/20639/000114036124004045/0001140361-24-004045-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Richard A. Bianco"},{"label":"Value","value":"$100,000 loan at 7% per annum, due earlier of sufficient funds (excluding litigation funding entity"},{"label":"Effective","value":"2024-01-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}