ABCP Research | Milton Maxwell

ABCP

AmBase Corporation

0.2000

+0.0100+5.26%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

16.99M

P/E (TTM)

Basic EPS (TTM)

-0.05

Dividend Yield

Recent Filings

8-K

New litigation funding secured

3/4/26Mar 4, 2026

AmBase inked litigation funding deals on March 2, 2026, with CEO Richard Bianco for up to $6M and BARC for $2M, converting prior notes while injecting $2M cash for 111 West 57th ops and suit costs. Funders grab first dibs on proceeds—up to 2.8x funded amounts timed by recovery date—slashing company take until repaid. Going concern lingers. Funding buys time.

8-K

CEO loans AmBase $300K

2/25/26Feb 25, 2026

AmBase secured a $300,000 senior promissory note from CEO Richard A. Bianco at 6.5% interest on February 24, 2026, for working capital to sustain operations and 111 West 57th litigation. Due by February 28, 2029, or sooner upon non-litigation funding receipt, it ranks senior to other debt. Funds bridge going concern risks while pursuing litigation funding.

8-K

CEO loans AmBase $100K

1/29/26Jan 29, 2026

AmBase secured a $100,000 senior promissory note from CEO Richard A. Bianco at 6.5% interest, signed January 28, 2025, for working capital amid going concern warnings. Due upon liquidity influx or January 31, 2029, it converts optionally to pari-passu litigation funding. Funds bolster 111 West 57th legal pursuits. No additional financing assured.

8-K

Bianco exits AmBase

1/21/26Jan 21, 2026

AmBase Corporation announced that Joseph R. Bianco ceased as an employee effective January 1, 2026. No details on his role or succession plans disclosed. Investors should review prior reports for financial context.

8-K

CEO loans AmBase $300K

12/19/25Dec 19, 2025

AmBase secured a $300,000 senior promissory note from CEO Richard A. Bianco at 6.5% interest on December 18, 2025, for working capital to sustain operations and 111 West 57th litigation. Due by December 31, 2028, or sooner upon non-litigation funding receipt, it ranks senior to other debt. Funds bridge going concern risks while pursuing litigation funding up to $5 million.

About

AmBase Corporation does not have significant operations. Previously, the company invested in a real estate development property. AmBase Corporation was incorporated in 1975 and is headquartered in Coral Springs, Florida.

CEO

Mr. Richard A. Bianco

IPO

9/5/1985

Employees

Sector

Real Estate

Industry

Real Estate Services