---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-161660"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:21:31.930877+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-161660
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000119312524161660/0001193125-24-161660-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000119312524161660/d813761d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-161660
- JSON: https://secwatch.observer/filing/0001193125-24-161660.json
- Plain text: https://secwatch.observer/filing/0001193125-24-161660.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.