{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-26-000074","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2026-05-18T20:10:42+00:00","discovered_at":"2026-05-18T20:12:00.227090+00:00","generated_at":"2026-05-18T20:12:37.876106+00:00","sec_items":["3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Virgin Galactic redeems $10M of 9.8% notes by issuing 3.77M shares; $202.5M remain","bullets":["Redeemed $10M of 9.80% First Lien Notes due 2028 on May 18, 2026 via issuance of 3,768,536 common shares.","Share count determined by 10-day VWAP as per Indenture; implied price ~$2.65/share.","Remaining principal of First Lien Notes approximately $202.5M after the partial redemption.","Part of capital management to reduce cash interest obligations ahead of Q4 2026 commercial ops.","Shares issued in reliance on Section 4(a)(2) exemption from registration."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-26-000074","json":"https://secwatch.observer/filing/0001706946-26-000074.json","markdown":"https://secwatch.observer/filing/0001706946-26-000074.md","text":"https://secwatch.observer/filing/0001706946-26-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000074/0001706946-26-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000074/spce-20260518.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T20:12:37.876106+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}