{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-046179","form_type":"8-K","ticker":"ABCP","cik":"0000020639","company_name":"AmBase Corp","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.502425+00:00","generated_at":"2026-05-16T12:39:16.941372+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"AmBase enters $300K promissory note with CEO at 6.5% for working capital","bullets":["$300,000 loan from Chairman/CEO Richard A. Bianco at 6.5% interest; due earlier of litigation settlement or Dec 31, 2028.","Proceeds for general working capital; note can be converted into a litigation funding agreement pari passu with other funders.","Company continues to evaluate additional funding up to $5M via third-party litigation funders at market terms.","Going concern qualification previously disclosed; cash needed to continue operations and pursue 111 West 57th Property litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-046179","json":"https://secwatch.observer/filing/0001140361-25-046179.json","markdown":"https://secwatch.observer/filing/0001140361-25-046179.md","text":"https://secwatch.observer/filing/0001140361-25-046179.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20639/000114036125046179/0001140361-25-046179-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20639/000114036125046179/ef20061599_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:39:16.941372+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"}