share_log

Virgin Galactic | SC 13G: Statement of acquisition of beneficial ownership by individuals-BlackRock, Inc.(5.6%)

SEC ·  Nov 13 00:50

Summary by Futu AI

BlackRock, Inc., a global investment management corporation based in Delaware, has filed a Schedule 13G with the Securities and Exchange Commission (SEC) on November 12, 2024, indicating a significant ownership stake in Virgin Galactic Holdings, Inc. The filing reveals that BlackRock now beneficially owns 1,605,747 shares of Virgin Galactic's common stock, which represents 5.6% of the company's total class of securities. This level of ownership classifies BlackRock as a major shareholder, with sole voting power over 1,570,413 shares and sole dispositive power over all 1,605,747 shares it holds. The filing was made in accordance with Rule 13d-1(b) of the SEC, identifying BlackRock as a parent holding company or control person. The document specifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Virgin Galactic, nor in connection with any transaction having such purpose or effect.
BlackRock, Inc., a global investment management corporation based in Delaware, has filed a Schedule 13G with the Securities and Exchange Commission (SEC) on November 12, 2024, indicating a significant ownership stake in Virgin Galactic Holdings, Inc. The filing reveals that BlackRock now beneficially owns 1,605,747 shares of Virgin Galactic's common stock, which represents 5.6% of the company's total class of securities. This level of ownership classifies BlackRock as a major shareholder, with sole voting power over 1,570,413 shares and sole dispositive power over all 1,605,747 shares it holds. The filing was made in accordance with Rule 13d-1(b) of the SEC, identifying BlackRock as a parent holding company or control person. The document specifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Virgin Galactic, nor in connection with any transaction having such purpose or effect.

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.