---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-023344"
form_type: "8-K"
ticker: "ABCP"
cik: "0000020639"
company_name: "AmBase Corp"
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-19T00:20:30.604891+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AmBase receives $500K CEO loan at 6.5% due June 2028

## Summary
- Chairman/CEO Richard A. Bianco lends $500,000 at 6.5% interest for working capital; maturity June 30, 2028.
- Loan repayment accelerates upon receipt of funds from any source, excluding litigation funding for 111 West 57th case.
- Bianco may convert amounts due into a litigation funding agreement pari passu with any third-party funder.
- Company still pursuing up to $5M in third-party litigation funding for 111 West 57th property litigation.
- Note is senior to other debt; company has going concern qualification from prior filings.

## SEC filing metadata
- accession: 0001140361-25-023344
- form_type: 8-K
- ticker: ABCP
- cik: 0000020639
- company_name: AmBase Corp
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20639/000114036125023344/0001140361-25-023344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20639/000114036125023344/ef20050916_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-023344
- JSON: https://secwatch.observer/filing/0001140361-25-023344.json
- Plain text: https://secwatch.observer/filing/0001140361-25-023344.txt

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