Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On June 28, 2018, Manhattan Bridge Capital, Inc. (the “Company”) held its 2018 Annual Meeting of Shareholders (the “2018 Annual Meeting”).The results of the shareholders voting at the 2018 Annual Meeting are set forth below:
Proposal No. 1 — Election of Directors
The shareholders elected the following individuals as directors of the Company to hold office until the next annual meeting of shareholders and until their successors shall have been duly elected and qualified.
| Director Name | For | Withheld | Broker Non-Votes |
| Assaf Ran | 3,853,316 | 32,199.50 | 3,634,844 |
| Lyron Bentovim | 3,870,641 | 14,874.50 | 3,634,844 |
| Eran Goldshmit | 3,843,040 | 42,475.50 | 3,634,844 |
| Michael Jackson | 3,864,490.50 | 21,025 | 3,634,844 |
Proposal No. 2 — Advisory approval of the appointment of Hoberman & Lesser, LLP as the Company’s independent auditors for the fiscal year ending December 31, 2018.
| For | Against | Abstain | Broker Non-Votes |
| 7,279,554 | 119,948.50 | 120,857 | – |
The results reported above are final voting results.
About Manhattan Bridge Capital, Inc. (NASDAQ:LOAN)
Manhattan Bridge Capital, Inc. (MBC) is a real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage loans. The Company offers short-term, secured, non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area. Its primary business objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for risk-adjusted returns to its shareholders over the long term through dividends. It intends to achieve this objective by continuing to selectively originate, fund loans secured by first mortgages on residential real estate held for investment located in the New York metropolitan area, and to manage and service its portfolio in a manner designed to generate risk-adjusted returns across a range of market conditions and economic cycles. Its loan portfolio includes various construction loans.
