---
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"
generated_at: "2026-05-17T09:14:21.926737+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Virgin Galactic amends bylaws: majority voting, universal proxy, exclusive forum

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-25-000137
- JSON: https://secwatch.observer/filing/0001706946-25-000137.json
- Plain text: https://secwatch.observer/filing/0001706946-25-000137.txt

## Key facts
- Governance Changes
  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).
  - Change: bylaw amendment
  - Effective: 2025-08-28
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694625000137/0001706946-25-000137-index.htm

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