---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-24-000249"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:39:20.993996+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.
- Agent commission up to 3.0% of gross sales price; sales may be in ordinary brokers' transactions or other methods.

## SEC filing metadata
- accession: 0001706946-24-000249
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000249/0001706946-24-000249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000249/spce-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-24-000249
- JSON: https://secwatch.observer/filing/0001706946-24-000249.json
- Plain text: https://secwatch.observer/filing/0001706946-24-000249.txt

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