MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) Files An 8-K Entry into a Material Definitive Agreement

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MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) Files An 8-K Entry into a Material Definitive Agreement

Item1.01.

Entry into a Material Definitive
Agreement.

On January23, 2017, Manitex International, Inc. (the Company)
entered into a Controlled Equity OfferingSM Sales Agreement (the Sales
Agreement) with Cantor Fitzgerald Co. (Cantor), as sales agent,
to which the Company may offer and sell, from time to time,
through Cantor shares of its common stock, no par value per
share, having an aggregate offering price of up to $20.0million.
As reported on December21, 2016, the Company believes that
production in 2017 will increase and that there may be other
capital requirements in the year ahead. If such requirements
develop, the Company believes that it is prudent to put into
place a mechanism by which supplemental liquidity can be provided
if needed.

The Company is not obligated to sell any shares under the Sales
Agreement. Subject to the terms and conditions of the Sales
Agreement, Cantor will use commercially reasonable efforts
consistent with its normal trading and sales practices,
applicable state and federal law, rules and regulations and the
rules of The NASDAQ Capital Market to sell shares from time to
time based upon the Companys instructions, including any price,
time or size limits specified by the Company. Under the Sales
Agreement, Cantor may sell shares by any method deemed to be an
at the market offering as defined in Rule 415(a)(4) under the
U.S. Securities Act of 1933, as amended. Cantors obligations to
sell shares under the Sales Agreement are subject to satisfaction
of certain conditions, including customary closing conditions for
transactions of this nature. The Company will pay Cantor a
commission of 3.0% of the aggregate gross proceeds from each sale
of shares and has agreed to provide Cantor with customary
indemnification and contribution rights. Sales of shares of
common stock under the Sales Agreement will be made to the
registration statement on Form S-3 (File No.333-213808), which
was declared effective by the U.S. Securities and Exchange
Commission (the SEC) on October3, 2016, and a related prospectus
supplement filed with the SEC on January23, 2017.

The foregoing summary of the Sales Agreement does not purport to
be complete and is qualified in its entirety by reference to the
full text of the Sales Agreement, which is filed herewith as
Exhibit 1.1.

This Current Report on Form 8-K shall not constitute an
offer to sell or the solicitation of an offer to buy any shares
under the Sales Agreement, nor shall there be any sale of such
shares in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under
the securities laws of any such state.

Item8.01.

Other Events.

On January23,
2017, Manitex International, Inc. (the Company) issued a press
release announcing that its Board of Directors is exploring
strategic alternatives for A.S.V., LLC, the Companys joint
venture with Terex Corporation, including the possibility of an
initial public offering. The full text of the press release is
attached as Exhibit 99.1 to this Current Report on Form 8-K and
incorporated herein by this reference.

Item9.01.

Financial Statements and Exhibits.

(d)
Exhibits

Exhibit No.

Description

1.1

Controlled Equity OfferingSM Sales Agreement, dated
January23, 2017, by and between Manitex International, Inc.
and Cantor Fitzgerald Co.

5.1

Opinion of Bowen, Radabaugh Milton, P.C.

23.1

Consent of Bowen, Radabaugh Milton, P.C. (included in
Exhibit 5.1)

99.1

Press Release dated January23, 2017.


About MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX)

Manitex International, Inc. is a provider of engineered specialty lifting and loading products. The Company operates in three business segments: the Lifting Equipment segment, the A.S.V., LLC (ASV) segment and the Equipment Distribution segment. Through its Lifting Equipment segment, the Company designs, manufactures and distributes a diverse group of products that serve various functions and are used in a range of industries. In the ASV segment, the Company manufactures a line of compact rubber tracked and skid steer loaders. In the Equipment Distribution segment, the Company markets products used primarily for infrastructure development and commercial construction applications that include road and bridge construction, general contracting, roofing, scrap handling, and sign construction and maintenance. The Company, through its subsidiary Manitex, Inc., markets a line of boom trucks, truck cranes and sign cranes.

MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) Recent Trading Information

MANITEX INTERNATIONAL, INC. (NASDAQ:MNTX) closed its last trading session up +0.19 at 9.01 with 222,045 shares trading hands.