Sell $46 million worth of new stock (that's about 12.1 million shares at the current share price), with attached warrants to buy stock. Place $203 million worth of "first lien notes" due in 2028 and ...
Virgin Galactic faces ongoing cash burn and looming debt maturity, making its long-term survival questionable. Significant revenue is likely at least 18 months away, meaning Virgin Galactic will ...
Virgin Galactic plans to sell cash, roll over its debt -- and issue a whole lot of warrants. The goal: to cut its debt load and stay out of bankruptcy. Virgin Galactic is not in a good place right now ...
WEST LAFAYETTE, Ind. — Building on its tremendous space legacy, Purdue University is pursuing a groundbreaking opportunity — research and learning aboard a Virgin Galactic suborbital spaceflight with ...
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