Published 1 month ago

AMBASE REPORTS RESULTS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2023 - Ambase (OTC:ABCP)

Summary by Ground News

AmBase Corporation ABCP recorded a net loss of $5,271,000 or $0.13 per share for the twelve months ended December 31, 2023. The Company recorded aNet Loss of $3,473,000 for the 12 months endedDecember 31, 2022. In order to provide the necessary cash resources to continue operations and continue the litigation related to the 111 West 57th Property, the Company has commenced a private placement offering.

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Benzinga

AMBASE REPORTS RESULTS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2023 - Ambase (OTC:ABCP)

CORAL SPRINGS, Fla., March 18, 2024 /PRNewswire/ -- AmBase Corporation (OTC:ABCP) ("AmBase" or the "Company") announced today a net loss of $5,271,000 or $0.13 per share for the twelve months ended December 31, 2023. For the twelve months ended December 31, 2022, the Company recorded a net loss of $3,473,000 or $0.09 per share. Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Secur…

1 month ago·New York, United States

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