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Virgin Galactic | SC 13G: Statement of acquisition of beneficial ownership by individuals-BlackRock, Inc.(7.9%)

SEC announcement ·  Jan 27 00:55
Summary by Futu AI
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.9% ownership stake in Virgin Galactic Holdings, Inc., which equates to 31,491,197 shares of Class A Common Stock. This filing was made in accordance with Rule 13d-1(b) of the Securities Exchange Act of 1934, indicating that BlackRock has acquired these shares in the ordinary course of business and not with the purpose of changing or influencing the control of Virgin Galactic. The filing also specifies that BlackRock has sole voting power over 30,947,846 shares and sole dispositive power over all 31,491,197 shares. The address of Virgin Galactic's principal executive offices is listed as 1700 Flight Way, Tustin, CA 92782. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated January 26, 2024.
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.9% ownership stake in Virgin Galactic Holdings, Inc., which equates to 31,491,197 shares of Class A Common Stock. This filing was made in accordance with Rule 13d-1(b) of the Securities Exchange Act of 1934, indicating that BlackRock has acquired these shares in the ordinary course of business and not with the purpose of changing or influencing the control of Virgin Galactic. The filing also specifies that BlackRock has sole voting power over 30,947,846 shares and sole dispositive power over all 31,491,197 shares. The address of Virgin Galactic's principal executive offices is listed as 1700 Flight Way, Tustin, CA 92782. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated January 26, 2024.
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