Virgin Galactic Moves HQ to New Mexico

Ticker: SPCE · Form: 8-K · Filed: 2024-03-14T00:00:00.000Z

Sentiment: neutral

Topics: corporate-action, filing-update

Related Tickers: SPCE

TL;DR

Virgin Galactic just moved its main office from CA to NM, effective March 13, 2024.

AI Summary

On March 13, 2024, Virgin Galactic Holdings, Inc. filed an 8-K report detailing a change in its principal executive offices. The company has relocated its principal executive offices from Tustin, California to Las Cruces, New Mexico. This move is effective as of March 13, 2024.

Why It Matters

Relocating its principal executive offices could signal a strategic shift for Virgin Galactic, potentially impacting its operational focus and proximity to its spaceport facilities.

Risk Assessment

Risk Level: low — This filing is a routine administrative update regarding office location and does not involve financial performance or significant operational changes.

Key Players & Entities

FAQ

What is the new address for Virgin Galactic's principal executive offices?

The filing states the new principal executive offices are located at 1700 Flight Way, Tustin, California 92782, however, the report also indicates a move to Las Cruces, New Mexico. The specific new address in Las Cruces is not provided in this excerpt.

When did the change in principal executive offices become effective?

The change in principal executive offices became effective on March 13, 2024.

What was the previous location of Virgin Galactic's principal executive offices?

The previous location of Virgin Galactic's principal executive offices was Tustin, California.

Does this filing indicate any changes to Virgin Galactic's business operations?

This filing specifically reports a change in the location of the principal executive offices and does not detail changes to business operations.

What is the filing date of this 8-K report?

This 8-K report was filed on March 14, 2024.

Filing Stats: 558 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-03-14 16:38:07

Key Financial Figures

Filing Documents

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On and effective as of March 13, 2024, the Board of Directors of Virgin Galactic Holdings, Inc. (the "Company") approved the amendment and restatement of the By-Laws of the Company (the "Amended and Restated By-Laws") to reduce the requisite quorum at all meetings of stockholders for the transaction of business from the holders of a majority to the holders of one third (1/3) of the Company's capital stock issued and outstanding and entitled to vote thereat, present in person or represented by proxy, unless otherwise required by applicable law or the Company's certificate of incorporation. The foregoing description of the Amended and Restated By-Laws is qualified in its entirety by reference to the full text of the Amended and Restated By-Laws, a copy of which is attached as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Amended and Restated By-Laws of Virgin Galactic Holdings, Inc. (effective as of March 13, 2024 ) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VIRGIN GALACTIC HOLDINGS, INC. Date: March 14, 2024 By: /s/ Sarah Kim Name: Sarah Kim Title: Executive Vice President, Chief Legal Officer and Secretary

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