Virgin Galactic approves 1-for-20 reverse stock split; expands equity plan by 14M shares

Virgin Galactic Holdings, Inc

Reverse stock split at 1-for-20 ratio approved by board on June 12, filed June 14, effective 5:00 p.m. ET.
Common stock to trade on split-adjusted basis under "SPCE" on June 17; 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.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.