---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-027288"
form_type: "8-K"
ticker: "ABCP"
cik: "0000020639"
company_name: "AmBase Corp"
filed_at: "2025-07-25T23:59:59+00:00"
generated_at: "2026-05-18T01:34:29.651924+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# AmBase obtains $250K loan from CEO at 6.5%; continues seeking litigation funding up to $5M

## Summary
- CEO Richard Bianco lends $250,000 at 6.5% interest for working capital; due July 2028 or upon receipt of funds from certain sources.
- Amounts due under the note can be converted into a litigation funding agreement, pari passu with any third-party funder.
- Company reaffirms going concern and is exploring up to $5 million in third-party litigation funding for 111 West 57th proceedings.
- Terms allow repayment from a settlement of the 111 West 57th litigation, but exclude funds from litigation funding entities.
- No assurance funding will be secured on acceptable terms; company continues evaluating strategic alternatives.

## SEC filing metadata
- accession: 0001140361-25-027288
- form_type: 8-K
- ticker: ABCP
- cik: 0000020639
- company_name: AmBase Corp
- filed_at: 2025-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20639/000114036125027288/0001140361-25-027288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20639/000114036125027288/ef20052588_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-027288
- JSON: https://secwatch.observer/filing/0001140361-25-027288.json
- Plain text: https://secwatch.observer/filing/0001140361-25-027288.txt

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