9HikeDiscGolf
5 years ago
Current Report Filing (8-k)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 23, 2019 (October 22, 2019)
Manhattan Bridge Capital, Inc.
(Exact Name of Registrant as Specified in Its Charter)
New York 000-2599111-3474831
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
60 Cutter Mill Road,
Great Neck, NY 11021
(516) 444-3400
(Registrantβs telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Section Act (17 CFR 230.425).
[ ] Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12).
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)).
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.001 per share LOAN The Nasdaq Capital Market
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 22, 2019, Assaf Ran, President and Chief Executive Officer of Manhattan Bridge Capital, Inc. (the βCompanyβ), and the Company entered into a waiver agreement (the βVoluntary Salary Waiverβ) pursuant to which Mr. Ran voluntarily agreed to waive his base salary, to be paid pursuant to his employment agreement, for the months of November and December 2019. As a result of the Voluntary Salary Waiver, Mr. Ranβs base salary for the year ending December 31, 2019 will total $254,166.67 in the aggregate.
This summary is qualified in its entirety by reference to the full text of the Voluntary Salary Waiver, which is attached hereto as Exhibit 10.1 and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
10.1 Voluntary Salary Waiver Letter Agreement dated October 22, 2019, by and between Manhattan Bridge Capital, Inc. and Assaf Ran
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
MANHATTAN BRIDGE CAPITAL, INC.
Date: October 23, 2019 By: /s/ Vanessa Kao
Name: Vanessa Kao
Title: Chief Financial Officer
whytestocks
6 years ago
News: $LOAN Manhattan Bridge Capital, Inc. Announces Geographic Expansion
GREAT NECK, N.Y., May 17, 2019 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN ) On May 16, 2019, the Board of Directors of Manhattan Bridge Capital, Inc. authorized its management to take all necessary actions to permit the Company to explore expanding its lending oper...
Find out more https://marketwirenews.com/news-releases/manhattan-bridge-capital-inc-announces-geographic-expansion-8204336.html
9HikeDiscGolf
7 years ago
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.12 per Share Dividend
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that, in accordance with the board approved dividend declared on April 18, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on July 10, 2018. The dividend will be paid on July 16, 2018.
Contact:
Assaf Ran, CEO
(516) 444-3400
SOURCE: Manhattan Bridge Capital, Inc.
9HikeDiscGolf
7 years ago
Manhattan Bridge Capital Inc, Inst Holders, 1Q 2018 (LOAN)
DOW JONES & COMPANY, INC. 1:48 AM ET 4/23/2018
The following table shows the largest shareholders in MANHATTAN BRIDGE CAPITAL INC COM (LOAN) for the quarter ended March 31, 2018, listed by holding size. The list represents up to 50 of the largest holders in the company.
Note: Unless otherwise mentioned the reporting date is 03/31/2018
Institution Shares Shares % Last
Held Changed Held Report
Bard Associates Inc. 279,625 (250) 3.448 12/31
The Vanguard Group Inc. 258,839 0 3.192 12/31
Moneta Group Investment Adviso 182,251 949 2.248 12/31
Renaissance Technologies LLC 163,200 36,400 2.013 12/31
Parallel Advisors LLC 52,130 42,261 0.643 12/31
Shufro Rose & Co. LLC 40,025 0 0.494 12/31
Deutsche Asset Management Inve 36,553 13,559 0.451 12/31
BlackRock Fund Advisors 23,189 260 0.286 12/31
James Investment Research Inc 13,550 0 0.167 03/31
RBC Dominion Securities Inc. 4,490 0 0.055 12/31
Vanguard Fiduciary Trust Co. 2,438 2,438 0.030 12/31
BlackRock Investment Managemen 1,015 0 0.013 12/31
RBC Dominion Securities Inc. 2 2 0.000 12/31
Wells Fargo Clearing Services 1 1 0.000 12/31
PanAgora Asset Management Inc 0 (5,611) 0.000 12/31
Acrospire Investment Managemen 0 (915) 0.000 09/30
13F data provided by: Factset Research Systems Inc.;
Please send questions to ownership@factset.com.
Copyright, Factset Research Systems, 2018. All Rights Reserved.
(END) Dow Jones Newswires
04-23-180348ET
9HikeDiscGolf
7 years ago
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GLOBENEWSWIRE 5:00 AM ET 4/19/2018
GREAT NECK, N.Y., April 19, 2018 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc.(LOAN) announced today that, in accordance with the board approved dividend declared on April 18, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on July 10, 2018. The dividend will be paid on July 16, 2018.
Contact:
Assaf Ran, CEO
(516) 444-3400Image: Primary Logo
9HikeDiscGolf
7 years ago
Press Release: Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
DOW JONES & COMPANY, INC. 5:00 AM ET 4/19/2018
Manhattan Bridge Capital, Inc. (LOAN) Declares Quarterly Dividend
GREAT NECK, N.Y., April 19, 2018 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc.(LOAN) announced today that, in accordance with the board approved dividend declared on April 18, 2018, a cash dividend of $0.12 per share will be paid to all shareholders of record on July 10, 2018. The dividend will be paid on July 16, 2018. Contact: Assaf Ran, CEO (516) 444-3400
(END) Dow Jones Newswires
04-19-180700ET