AmBase receives $1M additional litigation funding from CEO Richard Bianco

AmBase Corp

CEO Richard Bianco provided $1,000,000 additional funding for working capital and litigation expenses related to 111 West 57th Property.
Additional funding made under same terms as March 2, 2026 Litigation Funding Agreement (RAB 2026 LFA).
Company has going concern qualification and will need to raise additional capital to continue operations.
Company exploring strategic alternatives including sale of equity/debt securities, borrowings, or further litigation funding.
No assurance that Company will prevail in litigation or secure additional financing on acceptable terms.

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