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.

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