---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-016976"
form_type: "8-K"
ticker: "ABCP"
cik: "0000020639"
company_name: "AmBase Corp"
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T05:00:29.132088+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AmBase completes private placement of 44.2M shares at $0.20, raising ~$8.8M

## Summary
- Completed private placement of 44,200,460 common shares at $0.20/share, raising approximately $8.84M.
- 1,250,000 shares sold to unaffiliated institutional investor; 42,950,460 shares sold to affiliate BARC Investments LLC.
- BARC is owned and controlled by directors Alessandra F. Bianco, Richard A. Bianco Jr., and their sibling Christina Bianco.
- Offering exempt under Rule 506(c) of Regulation D; terms previously disclosed in Form 8-K on Feb. 28, 2024.

## SEC filing metadata
- accession: 0001140361-24-016976
- form_type: 8-K
- ticker: ABCP
- cik: 0000020639
- company_name: AmBase Corp
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20639/000114036124016976/0001140361-24-016976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20639/000114036124016976/ef20025680_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-016976
- JSON: https://secwatch.observer/filing/0001140361-24-016976.json
- Plain text: https://secwatch.observer/filing/0001140361-24-016976.txt

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