Client Alerts
July 2019

Space Business Review July 2019

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On July 9, Virgin Galactic LLC (Virgin) agreed to merge with Social Capital Hedosophia Holdings Corp. (SCH), a special purpose acquisition company. The transaction will give Virgin several hundred million dollars of capital for commercialization of its SpaceShipTwo suborbital vehicle. Upon closing, Virgin’s shares will be publicly traded, with SCH holding a 49% stake.  

Read more related news in Space Business Review July 2019.