---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-26-000057"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:59:56.911288+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Virgin Galactic to redeem up to $10M of 9.80% notes due 2028 with stock

## Summary
- Up to $10M principal of 9.80% First Lien Notes due 2028 to be redeemed on May 18, 2026.
- Redemption price paid in common stock based on 10-day VWAP; if VWAP below floor, no redemption that day.
- Partial redemption reduces mandatory $30,392,486 redemption required by September 30, 2026.
- Expected to reduce cash interest costs; part of cash preservation strategy ahead of Q4 2026 commercial ops.

## SEC filing metadata
- accession: 0001706946-26-000057
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000057/0001706946-26-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000057/spce-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-26-000057
- JSON: https://secwatch.observer/filing/0001706946-26-000057.json
- Plain text: https://secwatch.observer/filing/0001706946-26-000057.txt

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