Manhattan Bridge Capital announces public offering of 1.875M shares at $7.20 per share

MANHATTAN BRIDGE CAPITAL, INC

Underwriting agreement with B. Riley Securities for firm commitment offering of 1,875,000 common shares at $7.20/share.
Net proceeds expected to be approximately $12.3 million, used for general corporate purposes.
Over-allotment option granted to underwriter for up to 281,250 additional shares (30-day option).
Offering expected to close July 9, 2021, subject to customary conditions.

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