spac IPOA

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Virgin Galactic (“VG”), a vertically integrated aerospace company, and Social Capital Hedosophia (“SCH”), a public investment vehicle, today announced the completion of their previously announced business combination. The resulting firm is named Virgin Galactic Holdings, Inc. (“VGH”) and its common stock, units and warrants are expected to start trading on the New York Stock Exchange under the new ticker symbol “SPCE”, “SPCE.U” and “SPCE WS”, respectively, on October 28, 2019. The business produces its space vehicles in Mojave, California, through its aerospace development subsidiary The Spaceship Company, together with commercial operations centered at Spaceport America in New Mexico.

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