NextGen Acquisition Corp. II Closes Business Combination With Virgin Orbit (Vieco USA)
December 29, 2021
NextGen Acquisition Corp. II announced the closing of its business combination with Vieco USA, Inc., the parent company of Virgin Orbit. Following the closing, NextGen changed its name to Virgin Orbit Holdings, Inc., and Virgin Orbit’s shares and warrants were expected to begin trading on the Nasdaq under the ticker symbols VORB and VORBW.
- Buyers
- Virgin Orbit Holdings, Inc., NextGen Acquisition Corp. II
- Targets
- Vieco USA, Inc. (parent company of Virgin Orbit), Virgin Orbit
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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