Virgin Galactic announces up to $300M ATM equity offering; terminates prior facility

Virgin Galactic Holdings, Inc

Enters Open Market Sale Agreement with Jefferies LLC for up to $300M of common stock.
Prior $400M distribution agency with Credit Suisse, Morgan Stanley, Goldman terminated; $396.2M raised from 12.8M shares.
Proceeds to accelerate development of next-gen spaceflight fleet (mothership, Delta Class spaceships) and general corporate.
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