Virgin Galactic signs $400M ATM equity facility; prior $300M fully used

Virgin Galactic Holdings, Inc

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.

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