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.
Virgin Galactic Holdings, Inc. filings document the company's public-company reporting as a Delaware aerospace and space travel issuer with common stock listed on the New York Stock Exchange under SPCE. Its 8-K reports and earnings exhibits disclose operating results, business updates for SpaceShips and the launch vehicle, future-astronaut access fees, customer deposits, and capital used to fund commercial spaceline development.
The filing record also covers material agreements and capital-structure actions, including 9.80% First Lien Notes due 2028, repurchases of 2.50% convertible senior notes due 2027, registered direct equity offerings, pre-funded warrants, and common stock issuance programs. Proxy and governance filings address director nominations, stockholder voting matters, executive compensation, employment agreement amendments, board-designation rights, and related governance disclosures.
Virgin Galactic Holdings, Inc. plans to redeem up to $30,523,315 of its 9.80% First Lien Notes due December 31, 2028 on June 10, 2026. The redemption covers the remaining $20,392,486 Mandatory Redemption Amount due by September 30, 2026 and at least $10,130,829 otherwise due by December 31, 2027.
The redemption price will be paid in shares of common stock, with the amount of notes retired and shares issued based on the five-day volume-weighted average share price before the Redemption Date, subject to a floor price condition that can reduce the amount redeemed. If fully executed, no principal payments on these notes will be required until March 31, 2028, which the company views as supporting liquidity and lowering ongoing cash interest as it prepares for commercial operations targeted for the fourth quarter of 2026.
Virgin Galactic Holdings, Inc. ownership filing shows RichRich Capital LLC and Rich Huang reported combined positions in the issuer. RichRich Capital beneficially owned 4,872,100 shares as of May 22, 2026, including 304,600 shares and 4,567,500 shares underlying call options. Rich Huang may be deemed to beneficially own 5,580,600 shares including 708,500 shares underlying call options. The filing bases percentages on 100,683,438 shares outstanding as of May 7, 2026 and reports a combined 5,276,000 option shares included in the calculation; RichRich represents approximately 4.62% and Mr. Huang approximately 5.26% of the outstanding shares as of May 28, 2026. The statement includes standard disclaimers about beneficial ownership and a joint filing agreement.
Virgin Galactic Holdings director Diana S. Strandberg bought 20,000 shares of common stock in an open-market purchase at a weighted average price of $2.489 per share. After this transaction, she directly owns 70,930 shares of Virgin Galactic common stock.
Virgin Galactic Holdings, Inc. redeemed $10,000,000 of its 9.80% First Lien Notes due 2028 by issuing 3,768,536 shares of common stock to noteholders on May 18, 2026. The redemption price equaled 100% of the principal redeemed, plus accrued and unpaid interest.
After this transaction, $202.5 million in aggregate principal amount of these First Lien Notes remained outstanding. The company describes this partial redemption as part of a broader capital management and cash preservation strategy intended to reduce ongoing cash interest obligations and enhance financial flexibility as it prepares for commercial operation in the fourth quarter of 2026.
Virgin Galactic Holdings, Inc. files a shelf registration to replace an expiring registration and to register $40,210,671.70 of unsold securities for sale under its at-the-market offering program pursuant to Rule 415(a)(6).
The filing states this $40,210,671.70 aggregate amount, together with $45,588,728.57 previously registered, represents the balance available under the program. The registration will terminate the expiring registration that is due to expire June 22, 2026. The company’s common stock trades on the NYSE under the symbol SPCE; the prospectus cites a last reported sale price of $2.88 per share on May 13, 2026.
Virgin Galactic reported another quarterly loss and highlighted serious liquidity pressure. For the three months ended March 31, 2026, revenue was just $227,000, while net loss was $64.7 million, narrower than the $84.5 million loss a year earlier, mainly as research and development spending declined.
Cash, cash equivalents, restricted cash and marketable securities totaled about $250.5 million, and operating activities used $53.5 million of cash in the quarter. Management concluded that these resources may not fund planned operations for 12 months and stated there is substantial doubt about the company’s ability to continue as a going concern.
The company is targeting flight tests of its next-generation spaceships in the third quarter of 2026 and first commercial flights in the fourth quarter of 2026, supported by reservations from about 650 future astronauts representing roughly $186 million of potential revenue. To bridge its funding gap, Virgin Galactic is relying on additional debt or equity raises, including its at-the-market stock program, and has significant obligations under its 2027 and 2028 notes.
Virgin Galactic reported first quarter 2026 results, remaining in its pre‑revenue phase while narrowing losses and cash burn as it prepares for commercial spaceflights. Revenue was $0.2 million, mainly from access fees, versus $0.5 million a year earlier.
GAAP operating expenses fell to $66 million from $89 million, driving an improved net loss of $65 million compared with $84 million in 2025. Adjusted EBITDA was $(55) million versus $(72) million. Free cash flow improved to $(93) million from $(122) million.
Cash, cash equivalents and marketable securities totaled $251 million as of March 31, 2026. The company raised $11 million by issuing 4.0 million shares via its at‑the‑market program in Q1 and about $52 million more in April, and it offered to redeem $10 million of 2026 debt using stock. Management reiterated plans to begin flight testing in Q3 2026 and first commercial spaceflight in Q4 2026, and guided Q2 2026 free cash flow to between $(87) million and $(92) million.
Virgin Galactic Holdings, Inc. has issued a notice to redeem up to $10,000,000 of its 9.80% First Lien Notes due 2028 on May 18, 2026. The company will pay the redemption price by issuing shares of common stock, with the amount of notes redeemed and shares issued based on the volume-weighted average price of its stock over a ten-day observation period specified in the Indenture.
If the stock’s volume-weighted average price on any observation day is below a floor price set in the Indenture, the related portion of notes will not be redeemed, so the total principal redeemed may be less than $10,000,000. The company is required to redeem $30,392,486 in aggregate principal amount of the First Lien Notes by September 30, 2026, and this transaction will reduce that mandatory amount. Management frames this stock-settled partial redemption as part of a broader capital management and cash preservation strategy aimed at lowering future cash interest on the notes due December 31, 2028 and supporting preparations for planned commercial operation in the fourth quarter of 2026.
Virgin Galactic Holdings, Inc. entered into a supplemental indenture on April 24, 2026 for its existing 9.80% First Lien Notes due 2028. The amendment, executed with subsidiary guarantors and Wilmington Savings Fund Society, FSB as trustee and notes collateral agent, is described as technical and designed to provide the Company greater flexibility in redeeming these notes.
The changes do not alter the redemption price or the Company’s payment obligations under the original December 18, 2025 indenture. The full supplemental indenture is filed as Exhibit 4.1 and incorporated by reference.