On additional information of a corporate action affecting ordinary shares of Virgin Galactic Holdings, Inc. (SPCE)
On June 12, 2024, Board of Directors of Virgin Galactic Holdings, Inc. approved a 1-for-20 reverse stock split of the Company’s common stock. Reverse Split will effect on June 14, 2024. Trading is expected to begin on a stock split-adjusted basis on June 17, 2024. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.