share_log

Virgin Galactic | PRE 14A: Preliminary proxy statements relating to merger or acquisition

SEC ·  Apr 19 04:09

Summary by Futu AI

Virgin Galactic Holdings, Inc. (Virgin Galactic) has announced its 2024 annual meeting of stockholders (the 'Annual Meeting') to be held virtually on June 12, 2024, at 9:00 a.m. Pacific Time. Stockholders must register by June 11, 2024, to attend the meeting, which will include voting on several key proposals. These proposals encompass the election of director nominees, ratification of Ernst & Young LLP as the independent registered public accounting firm for 2024, advisory approval of executive compensation, approval of the Second Amended and Restated Virgin Galactic Holdings, Inc. 2019 Incentive Award Plan, and approval of amendments to the Certificate of Incorporation to effect a reverse stock split. The meeting will also address any other business that may properly come before the Annual Meeting. The Board of Directors recommends...Show More
Virgin Galactic Holdings, Inc. (Virgin Galactic) has announced its 2024 annual meeting of stockholders (the 'Annual Meeting') to be held virtually on June 12, 2024, at 9:00 a.m. Pacific Time. Stockholders must register by June 11, 2024, to attend the meeting, which will include voting on several key proposals. These proposals encompass the election of director nominees, ratification of Ernst & Young LLP as the independent registered public accounting firm for 2024, advisory approval of executive compensation, approval of the Second Amended and Restated Virgin Galactic Holdings, Inc. 2019 Incentive Award Plan, and approval of amendments to the Certificate of Incorporation to effect a reverse stock split. The meeting will also address any other business that may properly come before the Annual Meeting. The Board of Directors recommends voting for all the director nominees and proposals. The reverse stock split aims to improve the marketability and liquidity of Virgin Galactic's common stock and is within a range of 1-for-2 to 1-for-20, as determined by the Board. The meeting will also allow for a live Q&A session, and stockholders can vote electronically during the meeting.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.