{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-010698","form_type":"8-K","ticker":"ABCP","cik":"0000020639","company_name":"AmBase Corp","filed_at":"2025-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.889555+00:00","generated_at":"2026-05-24T04:26:39.436533+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"AmBase Corp. CEO provides $400k loan at 6.5% for working capital","bullets":["$400k senior promissory note to Chairman/CEO Richard A. Bianco at 6.5% interest.","Loan due on earlier of receipt of sufficient funds (excluding litigation funding for 111 West 57th) or March 31, 2028.","CEO can convert amounts due into a litigation funding agreement pari passu with third-party funders.","Company continues to explore up to $5M in third-party litigation funding for 111 West 57th litigation costs.","Company's financials include going concern qualification; needs additional cash for operations and litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-010698","json":"https://secwatch.observer/filing/0001140361-25-010698.json","markdown":"https://secwatch.observer/filing/0001140361-25-010698.md","text":"https://secwatch.observer/filing/0001140361-25-010698.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20639/000114036125010698/0001140361-25-010698-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20639/000114036125010698/ef20046255_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T04:26:39.436533+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"}