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Manhattan Bridge Capital (LOAN) Prices 1.43M Share Common Offering at $7/Sh

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Manhattan Bridge Capital Announces Pricing of Public Offering of Common Shares

July 20, 2018 8:45 AM EDT

GREAT NECK, N.Y., July 20, 2018 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today the pricing of its previously announced underwritten public offering. Manhattan Bridge Capital is offering 1,428,572 of its common shares, par value $0.001 per share, at a price to the public of $7.00 per share. In connection with the offering, Manhattan Bridge Capital has also granted the underwriter a... More