Virgin Galactic Holdings, Inc

Social Capital Hedosophia Holdings Corp., sponsored by Social Capital Hedosophia Group — the investment vehicle of entrepreneur Chamath Palihapitiya — completed its initial public offering in September 2017, listing on the New York Stock Exchange under the blank-check structure documented in its 424B4 prospectus filing. The SPAC targeted opportunities in technology and disruptive growth companies, and in October 2019 it completed a business combination with Virgin Galactic, the commercial spaceflight company founded by Richard Branson, with the combined entity rebranded as Virgin Galactic Holdings, Inc. and trading under the ticker SPCE on the NYSE. The deal was one of the most prominent early-era SPAC mergers and helped usher in renewed mainstream interest in the SPAC structure. Sign up for SpacDesk to access full filing data, merger timelines, and sponsor profiles on this and thousands of other SPAC transactions.