Replies to post #15943 on THE WALL STREET CLUB

[mick]

Oct 26, 2009 08:37 Southern National Bancorp of Virginia, Inc. Commences Common Stock Offering
Southern National Bancorp of Virginia, Inc. (the "Company") (Nasdaq:SONA), the holding company for Sonabank, announced today that it has initiated a public offering to sell $25.0 million of its common stock in an underwritten public offering. FIG Partners, LLC is acting as the sole manager for the offering. The Company intends to grant the underwriter an option to purchase up to an additional 15% of the common stock sold to cover over-allotments, if any. continued...