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Published on 5/22/2014 in the Prospect News PIPE Daily.

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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