Filed by Social Capital Hedosophia Holdings Corp.
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
of the Securities Exchange Act of 1934
Subject Company: Virgin Galactic
Commission File No. 333-233098
Social Capital Hedosophia Holdings Corp. Announces Date of Extraordinary General
Meeting of Shareholders to Approve Business Combination with Virgin Galactic
Meeting Scheduled for October 23, 2019
NEW YORK, Oct. 10, 2019 /PRNewswire/Social Capital Hedosophia Holdings Corp. (NYSE:IPOA, IPOA.U, IPOA.WS) (SCH) announced today that it will
hold its extraordinary general meeting (the Extraordinary General Meeting) at 12:30 p.m., Eastern Time, on October 23, 2019, to approve, among other things, the previously announced business combination (the Business
Combination) with TSC Vehicle Holdings, Inc., Virgin Galactic Vehicle Holdings, Inc. and VGH, LLC (collectively, Virgin Galactic and, together with Vieco USA, Inc. and Vieco 10 Limited, VG). The Extraordinary General
Meeting is scheduled to be held at The Westin Palo Alto, located at 675 El Camino Real, Palo Alto, CA 94301.
Shareholders of record at the close of
business on September 16, 2019 will be entitled to receive notice of and to vote at the Extraordinary General Meeting. In connection with the Extraordinary General Meeting, SCH shareholders who wish to exercise their redemption rights must do
so prior to 5:00 p.m. Eastern time on October 21, 2019 by following the procedures specified in the definitive proxy statement/prospectus for the Extraordinary General Meeting.
In connection with the consummation of the Business Combination, SCH intends to change its name to Virgin Galactic Holdings, Inc. and apply for
the continued listing on the NYSE of its units, common stock and warrants under the symbols SPCE.U, SPCE and SPCE WS, respectively.
About SCH
SCH is a partnership between the investment
firms of Social Capital and Hedosophia. SCH unites technologists, entrepreneurs and technology-oriented investors around a shared vision of identifying and investing in innovative and agile technology companies. To learn more about SCH, visit
www.socialcapitalhedosophiaholdings.com.
About Virgin Galactic
Virgin Galactic is a vertically-integrated aerospace company pioneering human spaceflight for private individuals and researchers. It believes the commercial
exploration of space represents one of the most exciting and significant technology initiatives of our time. It is embarking on this commercial exploration journey with a mission to put humans into space and return them safely to Earth on a routine,
consistent and affordable basis. Using its proprietary and reusable technologies, and supported by a distinctive, Virgin-branded customer experience, it is developing a spaceflight system designed to offer customers a unique, multi-day experience culminating in a spaceflight that includes several minutes of weightlessness and views of Earth from space. It is in the final stages of development, having already completed two crewed flights
of its vehicle into space, and anticipates initial commercial launch in 2020.