Virgin Orbit Holdings, Inc.

Virgin Orbit Holdings, Inc., appearing in SEC records under ticker NGCA as the successor entity to blank-check company NextGen Acquisition Corp. II, completed its de-SPAC business combination in December 2021 following NextGen's January 2021 IPO. The sponsor, NextGen Acquisition Management LLC, led the transaction targeting the commercial space launch sector, with Virgin Orbit operating an air-launch vehicle designed to deploy small satellites into low-Earth orbit from a modified Boeing 747. The April 4, 2023 Form 8-K reflects the company's filing for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware, following a suspension of launch operations in March 2023 amid unsuccessful capital-raising efforts. Sign up at SpacDesk for complete filing history, SPAC transaction data, and real-time deal analytics.