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Manhattan Bridge to price public offering of 2.5 million common stock
Deal conducted by Aegis, funds working capital and corporate purposes
By Devika Patel
Knoxville, Tenn., May 22 - Manhattan Bridge Capital Inc. will price a public offering of 2.5 million common shares with a 45-day greenshoe of 375,000 additional shares, according to a Form S-11 filed Thursday with the Securities and Exchange Commission.
Aegis Capital Corp. is the bookrunner.
Proceeds will be used for working capital and general corporate purposes.
The real estate finance company is based in Great Neck, N.Y.
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