Virgin Orbit became a publicly listed company on December 28, 2021 after completing a business combination with NextGen Acquisition Corp. II, a publicly traded special purpose acquisition company. Forge no longer actively tracks this company.
The deal values the combined enterprise at $3.2 billion, and will provide Virgin Orbit with $483 million in cash at close, including a $100 million PIPE. The combined company will trade under the ticker VORB on the Nasdaq if and when the transaction concludes.