secwatch.observer — SEC 8-K summary
======================================

Issuer:     Virgin Orbit Holdings, Inc. (—)
CIK:        0001843388
Form:       8-K
Filed at:   2023-04-10T23:59:59+00:00
Accession:  0001628280-23-011190
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virgin Orbit receives Nasdaq delisting notice; trading suspended April 13
-------------------------------------------------------------------------

- Nasdaq commenced proceedings to delist VORB common stock and VORBW warrants due to Chapter 11 bankruptcy filing on April 4, 2023.
- Nasdaq also cited failure to file 10-K for fiscal year ended December 31, 2022.
- Trading in VORB and VORBW will be suspended at the open on April 13, 2023; company will appeal but suspension remains.
- If appeal fails, Nasdaq will file Form 25 to remove securities from listing and registration.
- Company can provide no assurance appeal will be successful.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843388/000162828023011190/0001628280-23-011190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843388/000162828023011190/vorb-20230404.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-011190

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer