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KM Financial Solutions | UPDATE 2-Virgin Galactic dealmaker defies IPO lull with $720 mln blank-check deal
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UPDATE 2-Virgin Galactic dealmaker defies IPO lull with $720 mln blank-check deal

21 Apr UPDATE 2-Virgin Galactic dealmaker defies IPO lull with $720 mln blank-check deal

Posted at 02:03h in News by
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Virgin Galactic Holdings Inc
Chairman Chamath Palihapitiya on Tuesday raised $720
million for a new blank-check company, 20% more than its
original target, after the coronavirus crisis upended plans last
month.

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