{"filings":[{"id":1333516,"accession_number":"0001706946-26-000115","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K/A","filed_at":"2026-06-29T20:16:17+00:00","items":["3.02"],"status":"ready","headline":"Virgin Galactic closes exchange of $52.5M convertible notes for 17.35M shares, reducing notes by 75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed exchange of $52,479,000 principal of 2.50% Convertible Notes due 2027 for 17,350,341 shares and pre-funded warrants.","Outstanding 2027 Notes reduced by ~75% from $70.4M to $17.9M aggregate principal.","Exchange aims to improve liquidity, manage cash, and strengthen balance sheet ahead of Q4 2026 commercial operations.","Pre-funded warrants issued with nominal exercise price of $0.0001, economically equivalent to common shares.","Shares issued under Section 4(a)(2) exemption to qualified institutional buyers and accredited investors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1177398,"accession_number":"0001193125-26-276740","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-06-22T12:15:07+00:00","items":["3.02"],"status":"ready","headline":"Virgin Galactic exchanges ~$52.5M of 2027 convertible notes for shares, reducing outstanding by 75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchanged ~$52.5M principal of 2.50% Convertible Senior Notes due 2027 for common stock/pre-funded warrants.","Outstanding notes reduced from $70.4M to $17.9M (~75% reduction); exchange expected to close June 29, 2026.","Share count determined by 5-day VWAP with floor $3.03 and cap $4.09; issued to QIBs and accredited investors via private placement.","Company cites improved liquidity and balance sheet strength as it prepares for commercial operations in Q4 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1058678,"accession_number":"0001706946-26-000111","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-06-15T21:01:51+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Virgin Galactic stockholders approve 4th A&R incentive plan, adding 9.45M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved Fourth A&R 2019 Incentive Award Plan, increasing authorized shares by 9,450,000 to a total of 17,120,437.","Directors elected: all eight nominees received >8.9M votes for, none withheld >2.3M; broker non-votes ~33.3M.","Say-on-pay advisory passed with ~7.37M for vs 3.62M against (65.6% of votes cast excluding broker non-votes).","Advisory vote on frequency: one year option received ~10.16M votes; company intends to hold say-on-pay annually.","Ratification of Ernst & Young as auditor for 2026 passed with ~43.08M for vs 1.27M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":973196,"accession_number":"0001706946-26-000092","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-06-10T20:19:38+00:00","items":["3.02"],"status":"ready","headline":"Virgin Galactic redeems $30.5M of 9.8% notes via 6.7M share issuance","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redeemed $30.5M principal of 9.80% First Lien Notes due 2028 by issuing 6.7M shares on June 10, 2026.","Remaining ~$172M notes outstanding; no principal payment due until March 31, 2028.","Transaction reduces cash interest obligations; part of liquidity improvement ahead of Q4 2026 commercial operations.","Shares issued in unregistered offering under Section 4(a)(2) of the Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":787956,"accession_number":"0001193125-26-252565","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-06-02T12:08:20+00:00","items":["8.01"],"status":"ready","headline":"Virgin Galactic issues up to $30.5M in stock to redeem First Lien Notes ahead of schedule","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On June 2, 2026, Virgin Galactic issued notice to redeem up to $30.5M of its 9.80% First Lien Notes due 2028, payable in common stock.","$10M already redeemed May 18; remaining mandatory redemption of $20.4M due Sept 30, 2026, plus $10.1M due Dec 31, 2027 are targeted.","Redemption price at par plus accrued interest, paid via shares based on 5-day VWAP with a floor price; partial redemption possible if price below floor.","Successful redemption would eliminate all mandatory principal payments until March 31, 2028, and reduce ongoing cash interest obligations.","Company expects to begin commercial operations in Q4 2026 and cites improved liquidity and capital management as rationale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":724156,"accession_number":"0001706946-26-000085","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-05-28T21:10:54+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Virgin Galactic derivative suit settlement preliminarily approved; $2.75M from insurers","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["U.S. District Court preliminarily approved settlement on May 19, 2026.","Company's insurers will pay $2.75 million; Virgin Galactic retains $1.375 million.","Final approval hearing scheduled for July 28, 2026.","Defendants deny any wrongdoing; all derivative claims expected to be dismissed.","Notice of settlement posted on Virgin Galactic investor relations website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":499237,"accession_number":"0001706946-26-000074","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-05-18T20:10:42+00:00","items":["3.02"],"status":"ready","headline":"Virgin Galactic redeems $10M of 9.8% notes by issuing 3.77M shares; $202.5M remain","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redeemed $10M of 9.80% First Lien Notes due 2028 on May 18, 2026 via issuance of 3,768,536 common shares.","Share count determined by 10-day VWAP as per Indenture; implied price ~$2.65/share.","Remaining principal of First Lien Notes approximately $202.5M after the partial redemption.","Part of capital management to reduce cash interest obligations ahead of Q4 2026 commercial ops.","Shares issued in reliance on Section 4(a)(2) exemption from registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":442642,"accession_number":"0001706946-26-000067","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-05-14T20:08:09+00:00","items":["2.02","9.01"],"status":"ready","headline":"Virgin Galactic Q1 net loss $65M; cash $251M; flight test on track for Q3 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net loss $65M vs $84M YoY; Adjusted EBITDA -$55M, improving from -$72M.","Revenue $0.2M (future astronaut access fees); GAAP operating expenses $66M.","Cash, equivalents, and marketable securities $251M at March 31, 2026.","First SpaceShip in ground test; flight test on track Q3, first spaceflight Q4 2026.","Generated $52M in April ATM proceeds; $87M remaining; redeemed $10M debt via shares."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":227000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94858,"accession_number":"0001706946-26-000057","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Virgin Galactic to redeem up to $10M of 9.80% notes due 2028 with stock","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Up to $10M principal of 9.80% First Lien Notes due 2028 to be redeemed on May 18, 2026.","Redemption price paid in common stock based on 10-day VWAP; if VWAP below floor, no redemption that day.","Partial redemption reduces mandatory $30,392,486 redemption required by September 30, 2026.","Expected to reduce cash interest costs; part of cash preservation strategy ahead of Q4 2026 commercial ops."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94857,"accession_number":"0001706946-26-000052","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-04-24T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Virgin Galactic enters supplemental indenture to provide redemption flexibility on 9.80% First Lien Notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Supplemental indenture dated April 24, 2026, amends provisions related to redemptions of 9.80% First Lien Notes due 2028.","Amendments are technical and intended to provide greater flexibility for redemptions; no change to redemption price or payment obligations.","Parties include Virgin Galactic, subsidiary guarantors, and Wilmington Savings Fund Society as trustee and collateral agent.","No material financial impact or change to existing debt terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94856,"accession_number":"0001706946-26-000045","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-04-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Virgin Galactic amends severance terms for CFO and People Officer; change-in-control multipliers raised","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Douglas Ahrens' cash severance multiplier increases from 1.0x to 1.5x upon qualifying termination within 24 months after a change in control.","Both Ahrens and Chief People Officer Aparna Chitale get company-subsidized healthcare extended from 12 to 18 months after a qualifying termination post-change-in-control.","Amendments also provide for earned but unpaid annual bonus for the prior year upon any qualifying termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94855,"accession_number":"0001706946-26-000032","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Virgin Galactic solicits consents to amend 9.80% First Lien Notes indenture for redemptions","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Consent solicitation launched for 9.80% First Lien Notes due 2028.","Proposed amendments are technical to facilitate redemptions of the notes.","No change to redemption price or payment obligations under the indenture.","Solicitation will be consummated per terms in consent solicitation statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94854,"accession_number":"0001706946-26-000026","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Virgin Galactic director Brambilla to step down; VIL nominates Belzberg","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Luigi Brambilla will not stand for re-election to the Board at the 2026 Annual Meeting; departure is for personal reasons with no disagreement.","Virgin Investments Limited designated Allison Belzberg, Director at Virgin Management USA, for nomination to the Board at the 2026 Annual Meeting.","The Board change follows the Stockholders’ Agreement allowing VIL to nominate two directors; Belzberg is the newly designated candidate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107539,"accession_number":"0001706946-26-000017","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2026-03-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Virgin Galactic Q4 net loss $63M; opens spaceflight sales at $750K, first SpaceShip to ground test in April","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 net loss $63M vs $76M YoY; adjusted EBITDA $(49)M; free cash flow $(95)M.","Revenue $0.3M in Q4 ($2M full year); cash and marketable securities $338M at year-end.","Commercial spaceflight sales opened at $750K per expedition; first new SpaceShip to begin ground testing in April 2026.","First new SpaceShip commercial ops on track for Q4 2026; second SpaceShip expected late Q4 2026 to early Q1 2027.","Debt obligations reduced by $142M through capital realignment; ATM issuance generated $122M gross in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123888,"accession_number":"0001193125-25-325124","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Virgin Galactic repurchases ~$354.6M of 2.50% notes; issues $212.5M 9.80% first lien notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Repurchased ~$354.6M of existing 2.50% convertible notes due 2027, reducing outstanding from $425M to ~$70.4M.","Raised cash via registered direct offering of 2.2M shares and pre-funded warrants for 8.4M shares.","Issued $212.5M of 9.80% First Lien Notes due 2028 in private placement, plus warrants to purchase 31.7M shares at $6.696.","New Notes secured by first-priority liens on substantially all assets; mandatory redemption of ~$30.4M by Sep 30, 2026.","No underwriting fees; transactions closed December 18, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123887,"accession_number":"0001193125-25-311947","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2025-12-09T23:59:59+00:00","items":["1.01","3.02","7.01","8.01","9.01"],"status":"ready","headline":"Virgin Galactic repurchases ~$355M in convertibles, issues $203M of 9.8% first lien notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Repurchasing ~$354.6M of 2.50% convertible notes due 2027; outstanding reduces from $425M to ~$70.4M.","Issuing ~$45.6M of common stock and pre-funded warrants in a registered direct offering.","Issuing ~$202.6M of 9.80% first lien notes due 2028, secured by substantially all assets.","Issuing purchase warrants for up to ~30.3M shares at 155% of stock purchase price, cash-only exercise.","Total indebtedness reduced from $425M to ~$273M; debt maturity extended to 2028 to align with Spaceline growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123886,"accession_number":"0001706946-25-000149","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Virgin Galactic Q3 net loss $64M, cash $424M; first commercial flight on track for Q4 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $64M, revenue $0.4M flat YoY; adjusted EBITDA $(53)M.","Cash $424M; free cash flow $(108)M; net cash used in ops $(56)M; capex $51M.","First commercial spaceflight on track for Q4 2026; flight tests start Q3 2026.","First sales tranche for new SpaceShips expected Q1 2026; 90% structural parts in factory Q4 2025.","Issued 7.4M shares via ATM for $23M gross proceeds in Q3 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":1232000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140556,"accession_number":"0001706946-25-000137","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2025-08-29T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Virgin Galactic amends bylaws: majority voting, universal proxy, exclusive forum","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Effective Aug 28, 2025, voting standard for non-director matters changed to majority of votes cast (excluding abstentions/broker non-votes).","Amended bylaws require compliance with SEC universal proxy rules (Rule 14a-19) for director nominations.","Enhanced disclosure requirements for stockholder nominations and proposals; prohibits nominating more candidates than seats.","Stockholders soliciting proxies must use a proxy card color other than white.","Adopts exclusive forum provision for federal district courts for claims under the Securities Act of 1933."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140555,"accession_number":"0001706946-25-000130","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Virgin Galactic Q2 revenue $0.4M, net loss $67M; 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target bonus remains 150% of base.","$1.25M retention bonus paid by July 31, 2025; remaining $1M due upon first revenue-generating Delta spaceflight.","Annual long-term incentive target set at $6M beginning 2026; severance multiplier increased to 2x with 24-month healthcare.","Clawback of retention bonus applies if CEO terminated for cause or resigns without good reason before Dec 31, 2026 (waived upon change of control).","New five-year term with automatic 12-month renewals; CEO retains Spaceflight benefit for self and up to three guests."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158255,"accession_number":"0001706946-25-000100","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2025-06-10T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 5.5M share increase in incentive plan and new 2.5M share ESPP at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approved 5,500,000 additional shares under Third A&R 2019 Plan, total 7,670,437 shares reserved.","Approved 2,500,000 share Employee Stock Purchase Plan for 2025.","All eight director nominees elected; 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fractional shares paid in cash.","Stockholders approved Second Amended & Restated 2019 Incentive Award Plan, adding 14,000,000 shares (total 43,408,755 reserved).","All nine director nominees elected; Ernst & Young ratified as auditor; say-on-pay and incentive plan amendments passed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227972,"accession_number":"0001193125-24-159991","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Virgin Galactic announces 1-for-20 reverse stock split to meet NYSE minimum bid price","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved 1-for-20 reverse split; 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prior $300M fully used","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Enters $400M distribution agreement with Credit Suisse, Morgan Stanley, Goldman Sachs for common stock sales.","Prior $300M facility exhausted; $164.6M raised since March 31, 2023 via 37.4M shares (plus earlier $135.4M).","Proceeds to fund spaceship fleet development, infrastructure scaling, and general corporate purposes.","Agents earn up to 2% commission; sales may occur through brokers, market makers, or private negotiations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":300241,"accession_number":"0001706946-23-000066","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2023-06-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Virgin Galactic Chair Evan Lovell dies unexpectedly; Mabus named interim chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Evan Lovell, Chair of the Board, died on June 20, 2023 after an illness.","Lovell joined the board in October 2019, served as Interim Chair from Feb 2022, and was appointed Chair in April 2023.","Raymond Mabus, Jr., former U.S. Secretary of the Navy and Lead Independent Director since April 2023, named Interim Chair.","CEO Michael Colglazier expressed condolences and noted Lovell's role in building the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":300240,"accession_number":"0001706946-23-000049","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2023-06-09T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 8.2M share increase in incentive plan at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved Amended and Restated 2019 Incentive Award Plan, increasing shares reserved to 29.4M (from original).","Minimum vesting of one year added; 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commercial flight on track for late June","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $159M vs $93M YoY; Adj. EBITDA -$140M vs -$77M.","Cash, cash equivalents and marketable securities $874M; net cash used in ops $136M.","Commercial 'Galactic 01' on track for late June; VSS Unity glide flight cleared for spaceflight.","Generated $32M gross proceeds from 5.8M shares via ATM program.","No revenue reported; R&D expenses surged to $110M from $52M YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":392000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":300238,"accession_number":"0001193125-23-115376","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2023-04-25T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Virgin Galactic appoints new directors Mabus and Strandberg; 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no disagreements with management on accounting matters.","Prior material weakness in internal controls over warrant liabilities (disclosed in 2020 10-K/A) was remediated in Q3 2021.","No consultations with E&Y before engagement on accounting or auditing issues."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320279,"accession_number":"0001706946-23-000013","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Virgin Galactic Q4 net loss $151M, cash $980M; commercial service on track for Q2 2023","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $151M in Q4 2022 vs $81M in Q4 2021; full year net loss $500M vs $353M.","Cash and equivalents $980M as of Dec 31, 2022; free cash flow -$135M in Q4.","Commercial service remains on track for Q2 2023; VMS Eve returned to Spaceport America.","Raised $103.3M from ATM and $425M from convertible notes in 2022.","Adjusted EBITDA -$133M in Q4 vs -$65M in prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.89,"consensus_revenue_estimate":null,"consensus_revenue_actual":2312000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320278,"accession_number":"0001193125-23-007268","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2023-01-12T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Virgin Galactic announces departure of President Swami Iyer; 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cash $1.1B; on track for Q2 2023 commercial launch","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $146M vs $48M in Q3 2021; adjusted EBITDA -$129M vs -$68M.","Cash and equivalents of $1.1B; free cash flow -$107M; raised $100M via ATM offering in August.","Selected Bell Textron and Qarbon Aerospace as primary suppliers for Delta Class spaceships; first expected in 2025.","Commercial service launch remains on track for Q2 2023; multiple test flights planned.","R&D expenses nearly tripled to $97M from $34M YoY, driving wider operating losses."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":1443000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":380079986.3984169,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":355783,"accession_number":"0001706946-22-000123","cik":1706946,"company_name":"Virgin Galactic Holdings, Inc","ticker":"SPCE","form_type":"8-K","filed_at":"2022-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Virgin Galactic Q2 net loss widens to $111M; 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