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 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 Corporation (“AmBase” or the “Company”) announced the passing of Mr. Jerry Y. Carnegie, a Director of the Company since 2009.
Max materiality 0.70 · Median 0.50 · Most common event debt