Jerry Y. Carnegie
AmBase Corporation (“AmBase” or the “Company”) announced the passing of Mr. Jerry Y. Carnegie, a Director of the Company since 2009.
Highest-materiality recent filing
AmBase receives $1M additional litigation funding from CEO Richard Bianco
CEO Richard Bianco provided $1,000,000 additional funding for working capital and litigation expenses related to 111 West 57th Property.
AmBase elects director Richard A. Bianco and approves say-on-pay at annual meeting
Richard A. Bianco elected with 50,116,832 votes for, 493,462 withheld.
AmBase secures $6M litigation funding from CEO; BARC converts $2M note to fund recovery fight
CEO Richard Bianco provides $6M initial funding via RAB 2026 LFA: $4M debt conversion plus $1M now and $1M within 30 days for litigation and working capital.
AmBase Corp obtains $300K working capital loan from CEO at 6.5%, due Feb 2029
Loan of $300,000 from Chairman/CEO Richard A. Bianco at 6.5% annual interest.
AmBase Corporation obtains $100K CEO loan for working capital
Loan of $100,000 from Chairman/President/CEO Richard A. Bianco at 6.5% annual interest for working capital.
AmBase: Joseph R. Bianco ceased as employee effective Jan 1, 2026
Joseph R. Bianco left the company effective January 1, 2026; no reason or replacement given.
AmBase enters $300K promissory note with CEO at 6.5% for working capital
$300,000 loan from Chairman/CEO Richard A. Bianco at 6.5% interest; due earlier of litigation settlement or Dec 31, 2028.
AmBase Corp. CEO provides $100,000 working capital loan at 6.5% interest
CEO Richard A. Bianco loans AmBase $100,000 at 6.5% interest for working capital.
AmBase Corp enters $250K loan from CEO Richard Bianco for working capital
$250,000 loan from Chairman/CEO Richard A. Bianco at 6.5% interest, due Sept 2028 or upon settlement proceeds.
AmBase Corp. enters into $100K promissory note with CEO Richard A. Bianco for working capital
Note: $100,000 principal, 6.5% interest, due Sept 30, 2028 or earlier upon receipt of funds from certain sources.
AmBase obtains $250K loan from CEO at 6.5%; continues seeking litigation funding up to $5M
CEO Richard Bianco lends $250,000 at 6.5% interest for working capital; due July 2028 or upon receipt of funds from certain sources.
AmBase receives $500K CEO loan at 6.5% due June 2028
Chairman/CEO Richard A. Bianco lends $500,000 at 6.5% interest for working capital; maturity June 30, 2028.
AmBase stockholders elect Bianco Jr. and Salant as directors at annual meeting
Richard A. Bianco Jr. received 68,391,419 votes for, 192,761 withheld; Scott M. Salant received 68,428,237 for, 155,943 withheld.
AmBase CEO provides $100,000 loan to company at 6.5% for working capital
CEO Richard A. Bianco loans AmBase $100,000 at 6.5% annual interest; due by May 31, 2028 or sooner if funds received.
AmBase auditor Marcum resigns; CBIZ CPAs engaged as new auditor
Marcum LLP resigned as independent registered public accounting firm on April 22, 2025; no disagreements or reportable events.
AmBase Corp. CEO provides $400k loan at 6.5% for working capital
$400k senior promissory note to Chairman/CEO Richard A. Bianco at 6.5% interest.
AmBase obtains $100K promissory note from CEO Bianco at 6.5% for working capital
CEO Richard A. Bianco lends $100,000 to AmBase at 6.5% annual interest; principal and interest due on earlier of receipt of settlement funds (excluding litigation funding) or March 31, 2028.
AmBase secures $500K loan from CEO Richard Bianco at 6.5% for working capital
$500K senior promissory note from Chairman/CEO Richard A. Bianco at 6.5% annual interest.
AmBase enters $1M promissory note with CEO Bianco at 6.5% interest
$1,000,000 senior promissory note from Chairman/CEO Richard A. Bianco to the Company at 6.5% per annum.
AmBase secures $2M promissory note from director-affiliated BARC at 6.5% interest
$2M loan from BARC Investments (affiliated with two directors) at 6.5% per annum for working capital.
Shareholders approve increase in authorized shares to 200M, reelect director, ratify auditor
Elected Alessandra F. Bianco as director with 66.4M votes for vs 1.0M withheld.
AmBase director Jerry Y. Carnegie passes away; board to consider reduction or alternatives
Jerry Y. Carnegie, director since 2009, passed away April 29, 2024; he was also Audit Committee Chair.
AmBase completes private placement of 44.2M shares at $0.20, raising ~$8.8M
Completed private placement of 44,200,460 common shares at $0.20/share, raising approximately $8.84M.
AmBase enters $100K promissory note from CEO; plans $8.8M equity offering for working capital
CEO Richard A. Bianco lends $100,000 at 7% annual interest for working capital.
AmBase launches $8.8M private placement of 44.2M shares at $0.20, standby purchaser from insiders
Gross proceeds of ~$8.8M from sale of 44.2M shares at $0.20 each to existing accredited stockholders.
AmBase CEO provides $100K loan at 7% for working capital; company also plans $8.8M equity offering
CEO Richard A. Bianco loans $100,000 at 7.0% interest, due Feb 28, 2026 or upon receiving sufficient funds from sources excluding litigation funding.
Private placement of 44,200,460 shares at $0.20/sh; expected gross proceeds ~$8.8M.
AmBase receives $50K loan from CEO at 7%; company seeks $7M in funding
CEO Richard A. Bianco lends $50,000 at 7% per annum for working capital.
AmBase obtains $100,000 promissory note from CEO at 7% interest
CEO Richard A. Bianco lends AmBase $100,000 at 7% annual interest for working capital.
AmBase receives $600K CEO loan at 7%; note due by Dec 2025; seeking $7M total funding
Company entered $600,000 senior promissory note from Chairman/CEO Richard A. Bianco at 7% interest for working capital.
AmBase receives $450K loan from CEO Richard A. Bianco at 7% interest for working capital
CEO Richard A. Bianco loaned $450,000 to AmBase at 7% annual interest for working capital.
AmBase enters $300K promissory note with CEO at 7% interest for working capital
CEO Richard Bianco loans $300,000 at 7% annual interest for working capital, due Oct 31, 2025 or earlier upon receipt of sufficient funds.
AmBase enters $250K promissory note with CEO for working capital
Loan from CEO Richard A. Bianco for $250,000 at 7% interest for working capital.
AmBase Corporation obtains $333K loan from CEO at 7% for working capital
Senior promissory note from Chairman/CEO Richard A. Bianco for $333,000 at 7% annual interest.
AmBase enters $330K promissory note with CEO Bianco at 7% for working capital
CEO Richard A. Bianco lends $330,000 at 7.00% annual interest to AmBase for working capital.
AmBase annual meeting results: Bianco re-elected, Marcum ratified, say-on-pay every 3 years
Richard A. Bianco re-elected as director with 22,197,242 votes for; 597,124 withheld.
AmBase enters $310K promissory note with CEO at 6.5% for working capital
$310,000 loan from Chairman/CEO Richard A. Bianco at 6.5% per annum, due May 31, 2025 or upon receipt of funds excluding litigation funding for 111 West 57th property.
AmBase obtains $325,000 loan from CEO at 6.5% for working capital
CEO Richard A. Bianco provides $325,000 loan at 6.5% annual interest, due April 30, 2025 or earlier upon receipt of certain funds.
AmBase gets $300K CEO loan at 6.5% for working capital; due Feb 2025
Principal $300,000 at 6.5% p.a., mature on earlier of receipt of sufficient funds (excluding litigation funding) or Feb 28, 2025.
AmBase extends CEO contract to 2028; warns cash may be insufficient, seeks ~$7M funding
CEO Richard Bianco employment term extended from May 31, 2023 to May 31, 2028 via Third Amendment.
AmBase Corp. annual meeting: Richard A. Bianco Jr. elected director, Marcum LLP ratified
Richard A. Bianco Jr. elected as director with 27,130,425 votes for, 2,613,199 withheld, and 7,196,021 broker non-votes.
AmBase Corporation (“AmBase” or the “Company”) announced the passing of Mr. Jerry Y. Carnegie, a Director of the Company since 2009.
The Board has appointed Mr. Scott M. Salant (“Mr. Salant”) as a member of the Board effective as of January 20, 2023.
Max materiality 0.85 · Median 0.50 · Most common event debt