{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-006772","form_type":"8-K","ticker":"ABCP","cik":"0000020639","company_name":"AmBase Corp","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.139630+00:00","generated_at":"2026-05-16T00:30:21.959386+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AmBase Corp obtains $300K working capital loan from CEO at 6.5%, due Feb 2029","bullets":["Loan of $300,000 from Chairman/CEO Richard A. Bianco at 6.5% annual interest.","Maturity: earlier of receipt of sufficient funds from any source (excluding certain litigation funding) or Feb 28, 2029.","Bianco may convert note into a litigation funding agreement pari passu with any third-party litigation funder.","Proceeds used for working capital; company has going-concern qualification and continues to seek additional funding.","Loan is senior indebtedness; company cannot incur senior secured debt without Bianco's consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-006772","json":"https://secwatch.observer/filing/0001140361-26-006772.json","markdown":"https://secwatch.observer/filing/0001140361-26-006772.md","text":"https://secwatch.observer/filing/0001140361-26-006772.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20639/000114036126006772/0001140361-26-006772-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20639/000114036126006772/ef20066480_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:30:21.959386+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":[{"claim_id":"67a37ac946407b86a0eb6d6825c5586fdc61b09d","claim":"AmBase Corp entered into Promissory Note with Mr. Richard A. Bianco valued at three hundred thousand dollars ($300,000).","evidence_excerpt":"AmBase Corporation (the “Company”) and Mr. Richard A. Bianco, the Company’s Chairman, President and Chief Executive Officer (“Mr. R. A. Bianco”) entered into a Senior Promissory Note for Mr. R. A. Bianco to provide a loan to the Company of three hundred thousand dollars ($300,000) at an interest rate of 6.5% per annum, (the “Promissory Note”), for working capital.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20639/000114036126006772/0001140361-26-006772-index.htm","confidence":0.4,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Mr. Richard A. Bianco"},{"label":"Value","value":"three hundred thousand dollars ($300,000)"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}