Highest-materiality recent filing
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 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 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 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.
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