NYSE:SPCEAerospace & Defense
Virgin Galactic Reshapes Finances And Governance Ahead Of 2026 Commercial Flights
Virgin Galactic Holdings (NYSE:SPCE) has converted a portion of its debt into equity, which reduces future cash interest payments and extends debt maturities.
The company has resolved governance related claims through a settlement that includes corporate reforms.
These steps come as Virgin Galactic targets key flight tests in Q3 and the start of commercial operations in Q4 2026.
For investors watching NYSE:SPCE, these balance sheet and governance changes arrive after a sharp move in the...