AmBase CEO provides $100,000 loan to company at 6.5% for working capital

AmBase Corp

CEO Richard A. Bianco loans AmBase $100,000 at 6.5% annual interest; due by May 31, 2028 or sooner if funds received.
Loan can be converted into a litigation funding agreement pari passu with any third-party funder.
Company pursuing up to $5M in litigation funding for 111 West 57th Property case; no assurance of success.
Going concern qualification persists; additional funding may come from third parties, shareholders, or management.

item 9.01

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