AMBASE REPORTS RESULTS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2022

CORAL SPRINGS, Fla., March 28, 2023 /PRNewswire/ — AmBase Corporation (“AmBase” or the “Company”) (OTC: ABCP) announced today a net loss of $3,473,000 or $0.09 per share for the twelve months ended December 31, 2022. For the twelve months ended December 31, 2021, the Company recorded a…