secwatch.observer — SEC 8-K summary
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Issuer:     Virgin Orbit Holdings, Inc. (—)
CIK:        0001843388
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001628280-23-026782
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.03, 3.03, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843388/000162828023026782/0001628280-23-026782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843388/000162828023026782/vorb-20230731.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-026782

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