---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026782"
form_type: "8-K"
ticker: null
cik: "0001843388"
company_name: "Virgin Orbit Holdings, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:51:44.514692+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Virgin Orbit Chapter 11 Plan confirmed; all common stock cancelled, officers resign

## Summary
- Court confirmed Fifth Amended Chapter 11 Plan on July 31, 2023; effective August 2, 2023.
- All outstanding shares of common stock canceled and extinguished as of the Effective Date.
- All directors and officers deemed resigned concurrent with Plan effectiveness.
- Common stock trades OTC Pink under symbol VORBQ; warrants under VORWQ after Nasdaq delisting.
- Plan covers Virgin Orbit Holdings and its domestic debtor affiliates.

## SEC filing metadata
- accession: 0001628280-23-026782
- form_type: 8-K
- cik: 0001843388
- company_name: Virgin Orbit Holdings, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.03, 3.03, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843388/000162828023026782/0001628280-23-026782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843388/000162828023026782/vorb-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026782
- JSON: https://secwatch.observer/filing/0001628280-23-026782.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026782.txt

## Key facts
- Distress & Bankruptcy
  Virgin Orbit Holdings, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-04-04).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2023-04-04
  source text: on April 4, 2023, Virgin Orbit Holdings, Inc. (the “Company”) and its domestic subsidiaries (together with the Company, the “Debtors”) commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Court”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843388/000162828023026782/0001628280-23-026782-index.htm

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