8-K 1 v335239_8-k.htm FORM 8-K

UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 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): January 31, 2013

 

Manhattan Bridge Capital, Inc.

 

(Exact Name of Registrant as Specified in Charter)

 

New York 000-25991 11-3474831
(State or Other Jurisdiction
of Incorporation)
(Commission File Number) (IRS Employer Identification No.)

 

60 Cutter Mill Road, Great Neck, NY 11021
(Address of Principal Executive Offices) (Zip Code)

 

(516) 444-3400

(Registrant’s 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)).

 

 

 
 

 

This Current Report on Form 8-K is filed by Manhattan Bridge Capital, Inc. (the “Registrant”), in connection with the items set forth below.

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On January 31, 2013, the Registrant amended its Line of Credit Agreement with Sterling National Bank (“Sterling”), dated May 2, 2012, pursuant to which Sterling agreed to increase its credit line from $3.5 million to $5 million (the “Amendment”). In connection with the Amendment, Assaf Ran, president and chief executive officer of the Registrant, agreed to increase his personal guaranty of the credit line to $5 million.

 

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment filed as Exhibit 10.1 to this Current Report on Form 8-K.

 

Item 8.01: Other Events.

 

On February 4, 2013, the Registrant issued a press release announcing the increase to $5 million of its line of credit from Sterling, which press release is Exhibit 99.1 hereto.

 

Item 9.01: Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No. Description
10.1 Amendment Agreement, dated January 31, 2013, between the Registrant, Assaf Ran and Sterling National Bank.

 

99.1

 

Press Release, dated February 4, 2013.

 

 

* * * * * *

 

SIGNATURE

 

 

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.
   
   
Dated: February 19, 2013 By: /s/ Assaf Ran
  Name: Assaf Ran
  Title: President and Chief Executive Officer