Virgin Galactic announces at-the-market equity program
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Contributor since / Followers
Contributor since / Followers
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- 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