Manhattan Bridge plans to price public offering of its common shares

Deal conducted by Aegis, funds working capital and corporate purposes

By Devika Patel

Knoxville, Tenn., Aug. 9 – Manhattan Bridge Capital Inc. said it will conduct a public sale of common stock with a 45-day greenshoe.

Aegis Capital Corp. is the bookrunner.

Proceeds will be used to increase the company’s loan portfolio and for working capital and general corporate purposes.

The real estate finance company is based in Great Neck, N.Y.

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