---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-007215"
form_type: "8-K"
ticker: "ABPO"
cik: "0001893219"
company_name: "Abpro Holdings, Inc."
filed_at: "2026-01-23T23:59:59+00:00"
generated_at: "2026-05-16T08:32:19.257133+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Abpro Holdings gets $147K CEO loan for D&O insurance; director replaced

## Summary
- CEO Miles Suk lends $147,000 unsecured to fund D&O insurance premium; 9-month term, 3-month interest-free, then SOFR+2%.
- Director Ian McDonald resigned Jan. 16, not due to any disagreement with company.
- Dr. Byung-Hak Yoon appointed Class I director to fill vacancy; will serve on Audit, Compensation, and Nominating committees.
- Dr. Yoon, age 51, is CEO of OQPBIOM and Doowon Science Pharma; extensive pharma experience.
- Loan is solely for insurance premium; no prepayment penalty, no collateral.

## SEC filing metadata
- accession: 0001213900-26-007215
- form_type: 8-K
- ticker: ABPO
- cik: 0001893219
- company_name: Abpro Holdings, Inc.
- filed_at: 2026-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1893219/000121390026007215/0001213900-26-007215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1893219/000121390026007215/ea0273734-8k_abpro.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-007215
- JSON: https://secwatch.observer/filing/0001213900-26-007215.json
- Plain text: https://secwatch.observer/filing/0001213900-26-007215.txt

## Key facts
- Debt Financings
  Abpro Holdings, Inc. incurred loan of $147,000 with Miles J.W. Suk at three-month Term SOFR plus 2.0% per annum; no interest accrues during first thre maturing nine-month term from date of advance.
  - Instrument: loan
  - Principal: $147,000
  - Counterparty: Miles J.W. Suk
  - Rate: three-month Term SOFR plus 2.0% per annum; no interest accrues during first thre
  - Maturity: nine-month term from date of advance
  - Event: incurrence
  source text: On January 17, 2026, Abpro Holdings, Inc. (the “ Company ”) entered into a Loan Agreement with its Chief Executive Officer and Chairman, Miles J.W. Suk (the “ Lender ”), pursuant to which the Lender agreed to provide the Company with an unsecured loan in the principal amount of $147,000 to fund the premium for the Company’s directors’ and officers’ liability insurance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893219/000121390026007215/0001213900-26-007215-index.htm

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