{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-25-000137","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2025-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.728240+00:00","generated_at":"2026-05-17T09:14:21.926737+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Virgin Galactic amends bylaws: majority voting, universal proxy, exclusive forum","bullets":["Effective Aug 28, 2025, voting standard for non-director matters changed to majority of votes cast (excluding abstentions/broker non-votes).","Amended bylaws require compliance with SEC universal proxy rules (Rule 14a-19) for director nominations.","Enhanced disclosure requirements for stockholder nominations and proposals; prohibits nominating more candidates than seats.","Stockholders soliciting proxies must use a proxy card color other than white.","Adopts exclusive forum provision for federal district courts for claims under the Securities Act of 1933."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-25-000137","json":"https://secwatch.observer/filing/0001706946-25-000137.json","markdown":"https://secwatch.observer/filing/0001706946-25-000137.md","text":"https://secwatch.observer/filing/0001706946-25-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694625000137/0001706946-25-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694625000137/spce-20250828.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:14:21.926737+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":"daebc42c853597b5b3f75b8c7e876ce80e79b4d7","claim":"Virgin Galactic Holdings, Inc: Approved and adopted amendments to the Amended and Restated By-Laws, including changes to voting standard, universal proxy rules, procedural mechanics for stockholder nominations, proxy card color, exclusive forum, and other modernizing, clarifying, conforming, and additional changes (effective 2025-08-28).","evidence_excerpt":"On and effective August 28, 2025, the Board of Directors (the “Board”) of Virgin Galactic Holdings, Inc. (the “Company”) approved and adopted amendments to the Amended and Restated By-Laws of the Company (as amended, the “Amended and Restated By-Laws”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706946/000170694625000137/0001706946-25-000137-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-08-28"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}