{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-23-000019","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.217838+00:00","generated_at":"2026-06-18T09:51:11.740733+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Virgin Galactic appoints Ernst & Young as auditor, replaces KPMG","bullets":["Audit Committee dismissed KPMG and engaged E&Y as independent auditor for FY 2023, effective March 2, 2023.","KPMG's reports on FY 2021 and 2022 were unqualified; no disagreements with management on accounting matters.","Prior material weakness in internal controls over warrant liabilities (disclosed in 2020 10-K/A) was remediated in Q3 2021.","No consultations with E&Y before engagement on accounting or auditing issues."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-23-000019","json":"https://secwatch.observer/filing/0001706946-23-000019.json","markdown":"https://secwatch.observer/filing/0001706946-23-000019.md","text":"https://secwatch.observer/filing/0001706946-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000019/0001706946-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000019/spce-20230302.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T09:51:11.740733+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6eed74dc8887c9935978ce845719ab449e32f9d7","claim":"Virgin Galactic Holdings, Inc engaged Ernst & Young LLP as its auditor.","evidence_excerpt":"On March 2, 2023, the Audit Committee (the \"Committee\") of the Board of Directors of Virgin Galactic Holdings, Inc. (the \"Company\") approved the engagement of Ernst & Young LLP (\"E&Y\") as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023, effective immediately.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000019/0001706946-23-000019-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Ernst & Young LLP"}],"fact_type":"auditor_change"},{"claim_id":"e961dcaa1541d090e68b644a097bd638ba82c45d","claim":"Virgin Galactic Holdings, Inc dismissed KPMG LLP as its auditor.","evidence_excerpt":"On March 2, 2023, the Committee dismissed KPMG LLP (\"KPMG\") as the Company's independent registered public accounting firm, effective immediately.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694623000019/0001706946-23-000019-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"KPMG LLP"},{"label":"Successor","value":"Ernst & Young LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}