---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-24-000055"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:48:28.888886+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Virgin Galactic reduces stockholder quorum requirement from majority to one-third

## Summary
- Board approved amended and restated by-laws effective March 13, 2024.
- Quorum reduced from a majority to one-third of outstanding capital stock.
- Change applies to all stockholder meetings unless law or charter requires otherwise.
- No other material amendments to the by-laws were disclosed.

## SEC filing metadata
- accession: 0001706946-24-000055
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000055/0001706946-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000055/spce-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-24-000055
- JSON: https://secwatch.observer/filing/0001706946-24-000055.json
- Plain text: https://secwatch.observer/filing/0001706946-24-000055.txt

## Key facts
- Governance Changes
  Virgin Galactic Holdings, Inc: Amended and restated bylaws to reduce stockholder meeting quorum requirement from majority to one-third of outstanding capital stock (effective 2024-03-13).
  - Change: bylaw amendment
  - Effective: 2024-03-13
  source text: On and effective as of March 13, 2024, the Board of Directors of Virgin Galactic Holdings, Inc. (the “Company”) approved the amendment and restatement of the By-Laws of the Company (the “Amended and Restated By-Laws”) to reduce the requisite quorum at all meetings of stockholders for the transaction of business from the holders of a majority to the holders of one third (1/3) of the Company’s capital stock issued and outstanding and entitled to vote thereat, present in person or represented by proxy, unless otherwise required by applicable law or the Company’s certificate of incorporation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000055/0001706946-24-000055-index.htm

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