On May 29, 2024, Virgin Galactic Holdings, Inc. received a notice from the New York Stock Exchange (NYSE) indicating that the company's stock had not maintained the required minimum average closing price of $1.00 over a consecutive 30-day trading period. The company has six months to regain compliance with the NYSE's continued listing standards. Virgin Galactic has communicated its intention to address the deficiency and return to compliance by proposing a reverse stock split, subject to stockholder approval at the upcoming annual meeting on June 12, 2024. The company remains listed on the NYSE under the ticker symbol 'SPCE' and is in compliance with other NYSE listing standards. Virgin Galactic is focused on its strategic goals, including the launch of Delta Class spaceships for commercial service in 2026, aiming for profitable growth and long-term stockholder value.

On May 29, 2024, Virgin Galactic Holdings, Inc. received a notice from the New York Stock Exchange (NYSE) indicating that the company's stock had not maintained the required minimum average closing price of $1.00 over a consecutive 30-day trading period. The company has six months to regain compliance with the NYSE's continued listing standards. Virgin Galactic has communicated its intention to address the deficiency and return to compliance by proposing a reverse stock split, subject to stockholder approval at the upcoming annual meeting on June 12, 2024. The company remains listed on the NYSE under the ticker symbol 'SPCE' and is in compliance with other NYSE listing standards. Virgin Galactic is focused on its strategic goals, including the launch of Delta Class spaceships for commercial service in 2026, aiming for profitable growth and long-term stockholder value.