AmBase Corp. (ABCP) Major Shareholder Iszo Capital Management Lp Buys 145,000 Shares
AmBase Corp. (OTCMKTS:ABCP) major shareholder Iszo Capital Management Lp acquired 145,000 shares of AmBase stock in a transaction dated Monday, December 4th. The stock was purchased at an average price of $0.27 per share, with a total value of $39,150.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Iszo Capital Management Lp also recently made the following trade(s):
- On Monday, November 27th, Iszo Capital Management Lp acquired 425,000 shares of AmBase stock. The stock was purchased at an average price of $0.25 per share, with a total value of $106,250.00.
Shares of AmBase Corp. (OTCMKTS:ABCP) traded up $0.01 during trading on Wednesday, hitting $0.27. 11,090 shares of the stock were exchanged, compared to its average volume of 84,631. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of -1.12. AmBase Corp. has a twelve month low of $0.10 and a twelve month high of $1.45.
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AmBase Corporation is a holding company. The Company holds an equity interest in a real estate development property through a joint venture agreement to purchase and develop real property located at 105 through 111 West 57th Street in New York, New York (the 111 West 57th Property). The Company also owns a commercial office building in Greenwich, Connecticut that is managed and operated by the Company.
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