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AmBase Corporation reports recurring corporate and financial developments for its OTC-traded common stock, including periodic operating results, per-share results, and references to its Form 10-Q and Form 10-K disclosures. Company announcements also cover annual meeting record dates, shareholder voting matters, material agreements, governance matters, and capital-structure updates tied to funding and corporate affairs.
AmBase Corporation (OTC: ABCP) reported a net loss of $1,635,000 or $0.04 per share for the three months ending March 31, 2021, compared to a net loss of $1,418,000 or $0.03 per share in the same period of 2020. Operating expenses increased from $1,419,000 in 2020 to $1,635,000 in 2021. The Company’s operating loss for the first quarter of 2021 was $1,635,000, similar to the previous year's $1,419,000. AmBase cautioned that forward-looking statements may involve risks that could significantly affect actual results.
AmBase Corporation (OTC: ABCP) reported a net loss of $5,604,000 or $0.14 per share for the year ending December 31, 2020, an increase from a $4,926,000 loss or $0.12 per share in 2019. The company's operating expenses rose to $5,640,000, up from $4,991,000 in 2019. A record date of April 14, 2021 has been set for the upcoming 2021 Annual Meeting, scheduled for June 3, 2021. Investors are advised to consider risks and uncertainties highlighted in AmBase's Annual Report on Form 10-K.