AmBase Corporation

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AmBase Corporation is a holding company that, through a wholly owned subsidiary, owns two commercial office buildings in Connecticut that are managed and operated by the company. One building is approximately 14,500 square feet and is substantially leased to unaffiliated third parties with approximately 3,500 square feet utilized by the company for its executive offices. The other building is approximately 38,000 square feet and leased to unaffiliated third parties. The company's assets consist primarily of cash and cash equivalents, investment securities and real estate owned. Its main source of operating revenue is rental income received from real estate owned. AmBase Corporation is headquartered in Greenwich, Conn.