Virgin Galactic Establishes $300 Million At-The-Market Equity Offering Program

MT Newswires Live

2024/11/08

Virgin Galactic Holdings (SPCE) said Thursday it signed a deal for the potential sale of up to $300 million of its common shares from time to time under an at-the-market program.

The company plans to use any net proceeds generated from the program to advance the development and production of its spaceflight fleet, among other things, it said.

Price: 6.28, Change: -0.84, Percent Change: -11.80

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