8-KCurrent report
Other events
✓ VerifiedVirgin Galactic issued a notice to redeem up to $10,000,000 of its 9.80% first lien notes on May 18, 2026 at par, paid in stock, against the $30,392,486 mandatory redemption due by September 30.
Filed Apr 30, 2026 · 16:30 ET
Summary
- The April 30, 2026 notice covers up to $10,000,000 of first lien notes at par plus accrued interest on May 18, 2026.
- Under the indenture as amended April 24, the redemption price is payable in company stock.
- The indenture requires $30,392,486 of redemptions by September 30, 2026; this notice starts that schedule early.
Key facts
- Redemption
- up to $10,000,000
From the filing for Redemption
“redeem up to $10,000,000 of the 9.80% First Lien Notes due 2028”
- Mandatory amount
- $30,392,486 by Sept 30
From the filing for Mandatory amount
“The Company is required to redeem $30,392,486 (the "Mandatory Redemption Amount") in aggregate principal amount of the First Lien Notes by September 30, 2026”
Why it mattersThe opening move of the redemption sequence that cut the 2028 notes to $172 million by June.
- Filed
- Apr 30, 2026
- Accepted
- 2026-04-30 20:30Z
- Period
- Apr 30, 2026
- Accession no.
- 0001706946-26-000057
- Size
- 145 KB
- Index
- Filing index