Virgin Galactic Holdings (SPCE) Prices 23.6M Share Offering at $19.50/Share
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Virgin Galactic Announces Pricing of Public Offering of Common Stock
August 5, 2020 11:15 PM EDTMOJAVE, Calif.--(BUSINESS WIRE)-- Virgin Galactic Holdings, Inc. (NYSE: SPCE) (Virgin Galactic), a vertically integrated aerospace and space travel company, announced today the pricing of its underwritten public offering of 23,600,000 shares of its common stock at a public offering price of $19.50 per share, before underwriting discounts and commissions. All of the shares are being offered by Virgin Galactic. In addition, Virgin Galactic has granted the underwriters a 30-day option to purchase up to an additional 3,540,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds... More
