AMBASE REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2023

CORAL SPRINGS, Fla., May 2, 2023 /PRNewswire/ — AmBase Corporation (“AmBase” or the “Company”) (OTC: ABCP) announced today a net loss of $1,220,000 or $0.03 per share for the three months ended March 31, 2023. For the three months ended March 31, 2022, the Company recorded a net loss of…