Manhattan Bridge Capital (LOAN) Announces Proposed Share Offering; Size not Disclosed
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Manhattan Bridge Capital (LOAN) Prices 1.875M Share Offering at $7.20/sh
July 7, 2021 8:32 AM EDTManhattan Bridge Capital, Inc. (NasdaqCM: 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, today announced the pricing of its previously announced underwritten public offering. The Company is offering 1,875,000 common shares, par value $0.001 per share, at a price to the public of $7.20 per share. In connection with the offering, the Company has also granted the underwriter a 30-day option to purchase up to an additional 281,250 common shares offered in the public... More
