BRIEF-Virgin Orbit To Become Publicly Traded On Nasdaq Through A Business Combination With Nextgen Acquisition Corp. II

Reuters
23 Aug 2021

Aug 23 (Reuters) - NextGen Acquisition II Corp :

* VIRGIN ORBIT, A RESPONSIVE LAUNCH AND SPACE SOLUTIONS COMPANY, TO BECOME PUBLICLY TRADED ON NASDAQ THROUGH A BUSINESS COMBINATION WITH NEXTGEN ACQUISITION CORP. II

* NEXTGEN ACQUISITION II CORP - BUSINESS COMBINATION AND PIPE TRANSACTION WILL PROVIDE UP TO $483 MILLION IN GROWTH CAPITAL

* NEXTGEN ACQUISITION II - DEAL VALUES VIRGIN ORBIT AT $3.2 BILLION

* NEXTGEN ACQUISITION II CORP - COMBINED COMPANY'S COMMON STOCK EXPECTED TO TRADE ON NASDAQ UNDER SYMBOL "VORB"UPON CLOSING

* NEXTGEN ACQUISITION II CORP - COMBINED COMPANY'S COMMON STOCK EXPECTED TO TRADE ON NASDAQ UNDER SYMBOL "VORB" UPON CLOSING

* NEXTGEN ACQUISITION II CORP - BOARDS OF DIRECTORS OF BOTH VIRGIN ORBIT AND NEXTGEN HAVE UNANIMOUSLY APPROVED PROPOSED BUSINESS COMBINATION

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((Reuters.Briefs@thomsonreuters.com;))

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