---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-26-000092"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2026-06-10T20:19:38+00:00"
generated_at: "2026-06-10T20:27:28.450314+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Virgin Galactic redeems $30.5M of 9.8% notes via 6.7M share issuance

## Summary
- Redeemed $30.5M principal of 9.80% First Lien Notes due 2028 by issuing 6.7M shares on June 10, 2026.
- Remaining ~$172M notes outstanding; no principal payment due until March 31, 2028.
- Transaction reduces cash interest obligations; part of liquidity improvement ahead of Q4 2026 commercial operations.
- Shares issued in unregistered offering under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001706946-26-000092
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2026-06-10T20:19:38+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000092/0001706946-26-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000092/spce-20260610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-26-000092
- JSON: https://secwatch.observer/filing/0001706946-26-000092.json
- Plain text: https://secwatch.observer/filing/0001706946-26-000092.txt

## Key facts
- Equity Issuances
  Virgin Galactic Holdings, Inc issued 6,734,960 shares of common stock to holders of the First Lien Notes that were redeemed for $30,524,000 in principal amount of the First Lien Notes.
  - Security: common stock
  - Shares: 6,734,960 shares
  - Purchaser: holders of the First Lien Notes that were redeemed
  - Consideration: $30,524,000 in principal amount of the First Lien Notes
  source text: On June 10, 2026, the Company successfully redeemed $30,524,000 in principal amount of the First Lien Notes by issuing 6,734,960 shares (the “Shares”) of the Company’s common stock to holders of the First Lien Notes that were redeemed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000092/0001706946-26-000092-index.htm

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