Virgin Galactic Exchanges $52.5M in Convertible Notes for Equity

Virgin Galactic (SPCE) announced a privately negotiated agreement to exchange approximately $52.5 million of its 2027 convertible senior notes for common stock and pre-funded warrants, aiming to reduce debt obligations.

By Pratyush Thakur, SA News Editor · Seeking Alpha · June 22, 2026, 13:12 UTC

Virgin Galactic Exchanges $52.5M in Convertible Notes for Equity

Tickers: $SPCE

Topics: convertible notes debt reduction stock exchange

Read the full article at Seeking Alpha

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