On August 18, 2026, Virgin Galactic Holdings, Inc. announced that the U.S. District Court for the Eastern District of New York granted final approval on August 14, 2026, settling consolidated derivative lawsuits In re Virgin Galactic Holdings, Inc. Derivative Litigation and St. Jean v. Branson et al. The settlement involves insurers paying $2.75 million to the company; Virgin Galactic retains half ($1.375 million), while the remainder covers plaintiffs' counsel fees and costs. All related claims are released with no finding of wrongdoing against directors or officers. This aerospace and space travel company enables safe, repeatable commercial human spaceflight and high-altitude scientific discovery.

Virgin Galactic Holdings reported a net loss of $56 million for the second quarter ended June 30, 2026, an improvement from the $67 million loss in the prior year period, driven by lower operating expenses and an $8.6 million gain on debt extinguishment. The company raised $134 million through its at-the-market equity offering program and reduced outstanding principal balances on notes due February 2027 and December 2028. Commercial spaceflight service is now scheduled to begin in February 2027, with flight tests commencing in October 2026. The company booked over $50 million in new expeditions at the $750,000 price point and expects positive quarterly cash flow within 2027. Virgin Galactic is an aerospace and space travel company that enables safe, repeatable commercial human spaceflight.

Virgin Galactic Holdings, Inc. closed a privately negotiated exchange transaction on June 29, 2026, exchanging $52,479,000 in aggregate principal amount of its 2.50% Convertible Senior Notes due 2027 for 17,350,341 shares of common stock and pre-funded warrants. This transaction reduced the outstanding 2027 Notes by approximately 75%, from $70.4 million to $17.9 million. The company is preparing for commercial operations in the fourth quarter of 2026. Virgin Galactic Holdings, Inc. operates in the aerospace industry and provides commercial spaceflight services.

Virgin Galactic Holdings, Inc. entered into a privately negotiated exchange agreement to exchange approximately $52.5 million in aggregate principal amount of its 2.50% Convertible Senior Notes due 2027 for common stock and pre-funded warrants. This transaction is intended to improve liquidity and strengthen the balance sheet ahead of its planned commercial operations in Q4 2026. Following the exchange, the outstanding 2027 Notes will be reduced from $70.4 million to approximately $17.9 million. Virgin Galactic Holdings, Inc. operates in the aerospace industry and provides commercial spaceflight services.

On June 11, 2026, stockholders approved the Fourth Amended and Restated 2019 Incentive Award Plan. This plan increases the number of shares available for issuance by 9,450,000, bringing the total reserved to 17,120,437 shares, all of which may be granted as incentive stock options. The plan extends the award grant period through June 11, 2036, with incentive stock options specifically limited to grants before April 14, 2036. Other annual meeting results included the election of nine directors, ratification of Ernst & Young LLP as the independent auditor, and a decision to maintain annual advisory votes on executive compensation. Virgin Galactic Holdings, Inc. operates in the aerospace industry and provides commercial spaceflight services.

Virgin Galactic Holdings, Inc. redeemed $30,524,000 in principal amount of its 9.80% First Lien Notes due 2028 by issuing 6,734,960 shares of common stock to noteholders. This transaction was intended to partially redeem the debt, improve liquidity and reduce ongoing cash interest obligations. Approximately $172 million in aggregate principal amount of First Lien Notes remains outstanding with no principal payment due until March 31, 2028. Virgin Galactic is an aerospace company that develops and operates commercial spaceflight services.