Added to YB: 2025-07-08
Pitch date: 2025-07-04
ABCP [bullish]
AmBase Corporation
-29.27%
current return
Author Info
No bio for this author
Company Info
AmBase Corporation does not have significant operations. Previously, the company invested in a real estate development property.
Market Cap
$27.2M
Pitch Price
$0.32
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-4.26
EV/Sales
N/A
Sector
Real Estate Management and Development
Category
special_situation
Weird Shit Investing 2025 - AmBase Corporation
ABCP: Litigation play - AmBase seeks $134-225m + $92m interest from luxury skyscraper JV where it lost $66m investment. 'Equity Put Right' claim strong (80% win probability per experts) vs market's <25%. Binary outcome with $100m potential award vs $26m market cap. Risk: collecting from JDS/PMG principals even if case won.
Read full article (2 min)