Virgin Orbit Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Subsequent Events (Details)

v3.22.2.2

Subsequent Events (Details) - Subsequent Event - Convertible Debt - Senior Unsecured Convertible Note	Nov. 04, 2022 USD ($) shares
Subsequent Event [Line Items]
Debt face amount	$ 25,000,000
Debt instrument, interest rate (as a percent)	6.00%
Debt instrument, interest rate in event of default (as a percent)	10.00%
Initial conversion rate (in shares) \| shares	0.3455425
Redemption price (as a percent)	100.00%
Debt instrument accrued and unpaid interest rate (as a percent)	100.00%
Shares issued upon conversion (in shares) \| shares	8,638,563
Minimum
Subsequent Event [Line Items]
Proceeds from convertible debt into common stock	$ 50,000,000
Maximum
Subsequent Event [Line Items]
Proceeds from convertible debt into common stock	$ 50,000,000

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The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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