Virgin Galactic announces at-the-market equity program
by
Contributor since / Followers
Contributor since / Followers
17 hours ago
David McNew/Getty Images News
- Virgin Galactic (NYSE:SPCE) has entered into a sales agreement under which it may offer and sell shares of its common stock having an aggregate offering price of up to $300 million from time to time pursuant to an “at the market” program.
- Virgin Galactic (SPCE) intends to use the net proceeds to further accelerate the development and production of its next-generation spaceflight fleet, including an additional mothership and third and fourth Delta Class spaceships.
- Source: Press Release