Every material Form 8-K MANHATTAN BRIDGE CAPITAL, INC has filed with the SEC since December 16, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Manhattan Bridge Capital's board approved raising the share repurchase authorization from 100,000 to 250,000 common shares and extended the buyback program by 12 months. The company is not obligated to buy any shares, and the board can change or end the program at any time.
Repurchase authorization increased from 100,000 to 250,000 common shares
Share Buyback Program extended for an additional 12 months from the board's approval date, announced October 9, 2026
Repurchases may be made through open market, privately negotiated or other transactions; no purchase obligation
On February 24, 2026, Manhattan Bridge Capital entered into Amendment No. 9 to its credit agreement with Webster Bank as agent and lender. The amendment extends the agreement's term through March 31, 2026, removes Mizrahi Tefahot Bank as a lender, and reallocates its revolving commitments among the remaining lenders, with Webster's revolving note increased from $15 million to $22.5 million.
Credit agreement term extended through March 31, 2026
Mizrahi Tefahot Bank Ltd. departs as a lender under the agreement
Webster revolving note raised from $15,000,000 to $22,500,000, replacing the prior note
On December 12, 2025, subsidiary MBC Funding II entered a letter agreement with Valley National Bank for a credit line of up to $10 million, maturing December 12, 2027 or earlier upon acceleration after a default. On December 15, 2025, the company redeemed all $6 million of its 6.00% Senior Secured Notes at 100% of principal plus accrued interest, so none remain outstanding; the new facility adds secured borrowing with financial covenants that shareholders should weigh.
$10 million line of credit from Valley National Bank, dated December 12, 2025, maturing December 12, 2027 or upon acceleration after an event of default
Floating rate of Term SOFR (3.00% floor) plus 2.95% per annum; upfront fee of 0.20% of commitment and unused line fee of 0.25% per annum
Secured by all assets; the company and CEO Assaf Ran provided guaranties, with Ran's liability capped at $500,000
All $6,000,000 of 6.00% Senior Secured Notes due April 22, 2026 redeemed on December 15, 2025 at 100% of principal plus accrued interest
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MANHATTAN BRIDGE CAPITAL, INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →