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KM Financial Solutions | Virgin Galactic dealmaker looks to defy IPO lull with $600 mln blank-check deal -sources
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Virgin Galactic dealmaker looks to defy IPO lull with $600 mln blank-check deal -sources

20 Apr Virgin Galactic dealmaker looks to defy IPO lull with $600 mln blank-check deal -sources

Posted at 19:36h in News by
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Virgin Galactic Holdings Inc
Chairman Chamath Palihapitiya is moving ahead with a
$600 million initial public offering for a new blank-check
company on Tuesday, after the coronavirus crisis upended plans
last month, according to two people familiar with the matter and
a term sheet seen by Reuters.

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