{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-009767","form_type":"8-K","ticker":"ABCP","cik":"0000020639","company_name":"AmBase Corp","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.490075+00:00","generated_at":"2026-06-05T13:24:17.381082+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"AmBase CEO provides $100K loan at 7% for working capital; company also plans $8.8M equity offering","bullets":["CEO Richard A. Bianco loans $100,000 at 7.0% interest, due Feb 28, 2026 or upon receiving sufficient funds from sources excluding litigation funding.","Loan proceeds provide working capital until completion of private placement of 44.2M shares at $0.20/share for ~$8.8M gross proceeds.","Amounts due under note can be converted into a litigation funding agreement pari passu with any third-party funder, at CEO's option.","Company's financial statements have a going concern qualification; continues litigation related to 111 West 57th property."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-009767","json":"https://secwatch.observer/filing/0001140361-24-009767.json","markdown":"https://secwatch.observer/filing/0001140361-24-009767.md","text":"https://secwatch.observer/filing/0001140361-24-009767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20639/000114036124009767/0001140361-24-009767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20639/000114036124009767/ef20022612_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T13:24:17.381082+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}