Current Report Filing (8-k)
October 23 2019 - 7:01AM
Edgar (US Regulatory)
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
|
|
000-25991
|
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11-3474831
|
(State
or Other Jurisdiction
of
Incorporation)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
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60
Cutter Mill Road, Great Neck, NY
|
|
11021
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(Address
of Principal Executive Offices)
|
|
(Zip
Code)
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(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).
|
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[ ]
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Soliciting
material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12).
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)).
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Common
Stock, par value $0.001 per share
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LOAN
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The
Nasdaq Capital Market
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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.
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Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
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On
October 22, 2019, Assaf Ran, President and Chief Executive Officer of Manhattan Bridge Capital, Inc. (the “Company”),
and the Company entered into a waiver agreement (the “Voluntary Salary Waiver”) 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. Ran’s 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
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Financial
Statements and Exhibits.
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(d)
Exhibits
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.
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MANHATTAN
BRIDGE CAPITAL, INC.
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Date:
October 23, 2019
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By:
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/s/
Vanessa Kao
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Name:
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Vanessa
Kao
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Title:
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Chief
Financial Officer
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