Branson’s Virgin Orbit Holdings to File for Chapter 11 Bankruptcy

Posted on 04/22/2023

On April 19, 2023, Richard Branson’s Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware. Virgin Orbit Holdings notified Nasdaq of the company’s decision to withdraw its request for a hearing and its intention not to seek…

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