Virgin Galactic Holdings Inc.
Virgin Galactic Reduces Stockholder Meeting Quorum
Summary
On March 13, 2024, Virgin Galactic Holdings, Inc. announced that its Board of Directors has approved amendments to its By-Laws, reducing the requisite quorum for stockholder meetings from a majority to one-third of the Company's capital stock issued and outstanding and entitled to vote, unless otherwise required by applicable law or the Company's certificate of incorporation. The Amended and Restated By-Laws are attached as Exhibit 3.1 to this filing. Additionally, financial statements and exhibits are furnished under Item 9.01.
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Exhibits (1)
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About Virgin Galactic Holdings Inc.
Virgin Galactic Holdings Inc. operates as an aerospace and space travel company. Its primary function is to develop commercial spacecraft and aim to provide suborbital spaceflights for private individuals and researchers. The company's notable features include its focus on pioneering human spaceflight for non-professional astronauts and offering an unparalleled experience of space viewings above Earth's atmosphere. Virgin Galactic Holdings, a part of the Virgin Group, plays a crucial role in advancing the nascent space tourism industry, seeking to make space more accessible to the general public. Headquartered in Mojave, California, the company leverages innovative space technologies, such as its spaceship Unity, to push the boundaries of private space exploration. By focusing on safety and an unforgettable customer experience, Virgin Galactic distinguishes itself in the market. As the first publicly traded commercial spaceflight company, it represents a significant milestone in the evolution of space travel and aims to create a new market sector, contributing to the broader exploration of space and scientific research.
Official SEC Documents
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