Abpro Holdings Signs Unsecured Loan Agreement With Miles J.W. Suk
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Abpro Holdings has signed an unsecured loan agreement with its CEO, Miles J.W. Suk, for $147,000 to fund its directors and officers liability insurance premium. The nine-month loan has no interest for the first three months, then accrues at three-month Term SOFR plus 2.0%. It can be prepaid without penalty. The agreement is effective from January 17, 2026, and the funds will be disbursed directly to the company’s broker or insurer.
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