Creates The World's First Publicly Traded Commercial Human Spaceflight Company
Virgin Galactic, a vertically integrated aerospace company, and Social Capital Hedosophia (“SCH”), a public investment vehicle, have announced the completion of their previously announced business combination. The resulting company is named Virgin Galactic Holdings, Inc. (“VGH”) and its common stock, units and warrants are expected to commence trading on the New York Stock Exchange under the new ticker symbol “SPCE”, ”SPCE.U” and “SPCE WS”, respectively, on October 28, 2019.