SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) November 12, 1999
CEDAR INCOME FUND, LTD.
(Exact name of registrant as specified in charter)
Maryland 0-14510 42-1241468
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
44 South Bayles Avenue, Port Washington, New York 11050
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (516) 767-6492
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
Effective November 12, 1999, Cedar Income Fund, Ltd. (the "Company")
sold for cash in a private placement, pursuant to separate subscription
agreements, an aggregate of 250,000 shares of its Common Stock to seven
accredited investors. All the shares were sold at a price of $4.50 per share.
All the shares were sold pursuant to an exemption from registration under
Section 4(2) of the Securities Act of 1933. No underwriters were involved in the
sales. The proceeds from the sales will be used for general working capital
purposes.
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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 thereunto duly authorized.
CEDAR INCOME FUND, LTD.
By: /S/ LEO S. ULLMAN
Leo S. Ullman
Chairman of the Board
Dated: November 12, 1999
