Welcome to our dedicated page for Virgin Galactic Holdings SEC filings (Ticker: SPCE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Virgin Galactic Holdings, Inc. (NYSE: SPCE) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, including current reports on Form 8-K and other key documents filed with the U.S. Securities and Exchange Commission. These filings show how Virgin Galactic, an aerospace and space travel company focused on human-first spaceflight, reports material events, governance changes, and financing arrangements.
Investors reviewing SPCE filings will find Form 8-K reports detailing quarterly financial results and business updates, where the company discusses operating expenses, cash balances, non-GAAP measures such as Adjusted EBITDA and free cash flow, and the status of its SpaceShip development and commercial preparations. Other 8-K filings describe capital structure transactions, including repurchases of 2.50% convertible senior notes due 2027, issuance of 9.80% First Lien Notes due 2028 secured by liens on substantially all company and guarantor assets (subject to customary exceptions), and the issuance of pre-funded warrants and purchase warrants.
Filings also cover corporate governance and legal frameworks, such as amendments to the Amended and Restated By-Laws that adjust voting standards, address universal proxy rules, enhance stockholder nomination procedures, and adopt exclusive forum provisions for certain Securities Act claims. Additional disclosures include executive employment agreements and inducement equity awards, providing insight into how Virgin Galactic structures leadership compensation and employee incentives.
On Stock Titan, these SEC filings are updated as they are released on EDGAR, and AI-powered summaries can help explain complex topics like note indentures, warrant agreements, and registration rights arrangements in simpler terms. Users can use this page to monitor SPCE’s material events, financing obligations, and governance developments, and to understand how the company documents its progress toward operating a spaceline for private individuals, researchers, and governments.
Virgin Galactic Holdings, Inc. is overhauling its capital structure through linked debt and equity transactions. The company agreed to repurchase approximately $354.6 million in principal of its 2.50% convertible senior notes due 2027 using cash from a registered direct equity offering and a new private placement of debt and warrants. It plans to raise about $45.6 million by selling common shares and pre-funded warrants in a registered offering, with a maximum of 10.6 million shares of common stock and shares underlying pre-funded warrants, priced off a volume-weighted average price and a defined minimum price. In a concurrent private placement, Virgin Galactic will issue about $202.6 million of 9.80% First Lien Notes due 2028 and warrants to buy up to roughly 30.3 million shares. After these transactions, the outstanding principal on the existing convertible notes is expected to fall from $425.0 million to about $70.4 million. Closing is scheduled for December 18, 2025, subject to customary conditions.
Virgin Galactic Holdings is raising approximately $45.6 million in a registered direct offering of common stock, pre-funded warrants, and the shares issuable upon warrant exercise. The aggregate offering price of the common stock and pre-funded warrants is $45,588,728.57, with pricing based on a volume-weighted average price and a Minimum Price framework, including a Minimum Price of $4.32 per share. Pre-funded warrants carry a de minimis exercise price of $0.0001 per share, are exercisable starting six business days after issuance, and are subject to ownership caps generally set at 4.9%, with an option to increase up to 9.9%.
Concurrently, the company plans a private placement of 9.80% first lien notes due 2028 and additional purchase warrants, and has arranged cash repurchases of a portion of its 2.50% Convertible Senior Notes due 2027. Net proceeds from the registered offering, together with any proceeds from the new notes and purchase warrants, are intended primarily to fund these note repurchases and related costs. The filing highlights risks around potential dilution, higher secured leverage and restrictive covenants, lack of a trading market for the pre-funded warrants, and the possibility that one or more of the interconnected transactions may not close as anticipated.
Virgin Galactic Holdings, Inc. is updating its at-the-market stock offering, now covering up to $254,411,271.43 of common stock under its existing Sales Agreement with Jefferies. This reduces the prior capacity of $300,000,000 while keeping the Sales Agreement itself unchanged. From November 6, 2024 through this supplement date, the company has already sold 34,142,965 shares for gross proceeds of $138,259,285.16, leaving $116,151,986.27 available under the supplemented prospectus. The company also plans to file a new registration statement for an additional $45,588,728.57 that may be sold under the same Sales Agreement.
Virgin Galactic plans to use net proceeds to accelerate development and production of its next-generation spaceflight fleet, including an additional mothership and third and fourth Delta Class spaceships, and for general corporate purposes such as working capital and potential debt repayment. Shares may be sold from time to time on the NYSE, where the stock trades under the symbol SPCE and last closed at $4.55 on December 8, 2025. Jefferies will act as sales agent on a best-efforts basis for a commission of up to 3.0% of the gross sales price.
Virgin Galactic (SPCE) reported Q3 2025 results with a narrower loss and continued development spending. Revenue was $365 thousand, and net loss was $64.4 million, or $1.09 per share. Operating loss was $66.2 million as expenses trended lower year over year.
Liquidity comprised cash, cash equivalents and restricted cash of $158.8 million and marketable securities of $264.8 million as of September 30, 2025. The company continued using its 2024 at‑the‑market program, selling 30.0 million shares for $109.2 million in gross proceeds during the nine-month period; cumulatively, 34.1 million shares have raised $138.3 million in gross proceeds since inception. Convertible senior notes due 2027 remain at $425.0 million principal.
Management plans to open tranches of sales reservations in the first quarter of 2026 and holds approximately 675 reservations, representing about $189 million in expected future spaceflight revenue upon completion. The flight test program for Delta Class spaceships is expected to commence in the third quarter of 2026, with the first commercial research spaceflight in the fourth quarter of 2026 and private astronaut flights six to eight weeks later.
The company executed an MOU to settle the Lavin class action for $8.5 million, with about $6.1 million expected from insurers; a $2.4 million net settlement expense was recorded year‑to‑date.
Virgin Galactic Holdings, Inc. furnished an 8-K announcing it issued a press release with financial and other results for the fiscal quarter ended September 30, 2025. The press release is included as Exhibit 99.1 and incorporated by reference.
The company states the information furnished (including Exhibit 99.1) is not deemed “filed” under Section 18 of the Exchange Act and is not subject to its liabilities, except as expressly incorporated by reference.
Virgin Galactic (SPCE) reported an insider transaction by officer Aparna Chitale (CPO & EVP, Customer Operations). On 10/21/2025, 51 shares of common stock were withheld at $4.14 per share under transaction code F, which reflects shares withheld to cover taxes upon the quarterly vesting of restricted stock units granted on September 30, 2021. Following this administrative withholding, the reporting person directly beneficially owns 8,787 shares.
Douglas T. Ahrens, Chief Financial Officer of Virgin Galactic Holdings, Inc. (SPCE), reported Section 16 transactions dated 10/07/2025. The report shows 1,377 restricted stock units converted into common shares at no cash price as vested RSUs were settled, and the issuer withheld 742 and 458 shares to satisfy tax-withholding obligations at $4.08 per share. After these transactions the reporting person beneficially owns 24,440 shares of common stock and holds derivative RSU interests covering 8,260 shares that remain unvested from the March 16, 2023 award. The RSU grant vests 25% on March 16, 2024, with the remaining 75% scheduled to vest in 12 quarterly installments beginning 06/16/2024, and may be settled in stock or cash upon vesting. The form was signed by an attorney-in-fact on 10/08/2025.
Aparna Chitale, CPO & EVP, Customer Operations of Virgin Galactic Holdings, Inc. (SPCE), reported multiple transactions on 10/07/2025 tied to the scheduled vesting of restricted stock units (RSUs). A total of 524 RSUs converted into common stock and are reported as acquired at a $0 conversion price, increasing the direct common shares from the vested award to a post-transaction holding of 9,274 shares in one line. To satisfy tax-withholding on RSU vesting, the issuer withheld 283 and 153 shares respectively at a withholding price of $4.08, reducing reported holdings to 8,991 and 8,838 shares on separate lines.
The filing clarifies that the RSUs were granted on 03/16/2023, vest 25% on 03/16/2024, and the remaining 75% vest in 12 quarterly installments beginning 06/16/2024. The RSUs convert one-for-one into common stock and may be settled in shares or cash at the issuer's discretion. After these transactions, 524 shares underlying vested RSUs are reported as derivative securities, leaving 3,147 unvested RSUs from the 2023 grant.
Michael A. Colglazier, CEO and President of Virgin Galactic Holdings, Inc. (SPCE), reported transactions on 10/07/2025 showing the quarterly vesting and partial sale of restricted stock units. 2,273 RSUs vested and were converted into common stock and reported as acquired at an aggregate price of $0 (reflecting vesting). To cover tax withholding on RSU vesting, the issuer withheld 1,225 shares and 798 shares in two separate withholdings, each at $4.08, reducing Colglazier’s direct holdings to 32,744 shares. He also holds 15,892 shares indirectly via a family revocable trust and two family trusts of 1,692 shares each for his sons. The filing is a routine Section 16 disclosure documenting compensation vesting and associated share withholding for taxes.
Sarah E. Kim, EVP, CLO & Corporate Secretary of Virgin Galactic Holdings, Inc. (SPCE), reported a small disposition of company common stock. The Form 4 shows a transaction dated 09/22/2025 in which 27 shares were withheld by the issuer at an effective price of $3.29 to satisfy tax withholding related to restricted stock units that vested from a grant dated December 5, 2022. After this withholding, the reporting person beneficially owns 7,067 shares of common stock, held directly. The filing is signed by an attorney-in-fact on 09/23/2025 and includes an explanatory note that the share withholding was for tax obligations.