(PR-inside.com) - Virginia Commerce Bancorp, Inc. (the 'Company'), (Nasdaq:VCBI), parent company of Virginia Commerce Bank (the 'Bank'), today announced that it has raised $25 million in capital through the sale of trust preferred securities to the Company's directors and certain of its executive officers. In connection with the issuance of the trust preferred securities, the Company also issued warrants to purchase an aggregate of 1.5 million shares of common stock to the purchasers. The transaction was completed on September 24, 2008. The Company expects to raise an additional $25 million in capital through a private offering of equity instruments by the ..
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