<p>Abpro Holdings Inc. has entered into a new loan agreement with its Chief Executive Officer and Chairman, Miles J.W. Suk. Under the terms of the agreement, Suk will provide an unsecured loan of $147,000 to the company, specifically to fund the premium for its directors’ and officers’ liability insurance. The loan, which features a nine-month term, does not accrue interest for the first three months, after which it bears interest at a variable rate equal to the three-month Term SOFR plus 2.0% per annum. The loan may be prepaid at any time without penalty and is not secured by collateral or guaranteed by any third party. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abpro Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-007215), on January 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

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<p>Abpro Holdings Inc. has secured a $147,000 unsecured loan from CEO Miles J.W. Suk to fund its directors’ and officers’ liability insurance. The loan has a nine-month term, with no interest for the first three months, followed by a variable interest rate of three-month Term SOFR plus 2.0% per annum. It can be prepaid without penalty and is not secured by collateral or guaranteed by any third party.</p>

Reuters

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Abpro

Abpro Holdings Secures $147,000 Unsecured Loan from CEO to Fund D&O Insurance