$Virgin Orbit (VORB.US)$$Virgin Galactic (SPCE.US)$ Virgin O...

$Virgin Orbit (VORB.US)$ $Virgin Galactic (SPCE.US)$ Virgin Orbit announced on December 28 that the special purpose Acquisition company (SPAC), NextGen Acquisition Corp. II's shareholders have approved the merger with the company.
Previously, when the merger was announced, the two companies were expected to raise $483 million for Virgin Orbit: Of this amount, $383 million came from NextGen and $100 million from PIPE, a private investment in public equity that included AE Industrial Partners and $Boeing (BA.US)$ .
However, Virgin Orbit said in its statement that it had raised only $228 million from the offering, of which $68 million came from NextGen.