Virgin Orbit Holdings, Inc. emerged from the de-SPAC merger between NextGen Acquisition Corp. II, which traded on Nasdaq under the ticker NGCA, and Virgin Orbit, LLC, a commercial small-satellite launch company focused on the aerospace and space technology sector. NextGen Acquisition Corp. II was sponsored by NextGen Acquisition Management II, LLC and completed its IPO in 2021. The combined entity traded under the ticker VORB following the December 2021 merger close. Virgin Orbit Holdings subsequently filed for Chapter 11 bankruptcy protection in April 2023 and ceased launch operations; the August 2, 2023 8-K filing reflects ongoing post-bankruptcy proceedings. Sign up for full data on SpacDesk to track this and every other SPAC lifecycle event.