Virgin Galactic Holdings, Inc. Loss Submission Form

Company: Virgin Galactic Holdings, Inc.

Ticker: (NYSE) SPCE

Deadline

Passed

Lead Plaintiff Deadline: July 27, 2021

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Allegations

(i) for accounting purposes, Social Capital Hedosophia Holdings Corp.’s (“SCH”) warrants were required to be treated as liabilities rather than equities; (ii) Virgin Galactic had deficient disclosure controls and procedures and internal control over financial reporting; (iii) as a result, the Company improperly accounted for SCH warrants that were outstanding at the time of the business combination; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.