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FTI Consulting is handling Richard Branson's Virgin Galactic, space tourism entity, as it plans to go public as the world's first commercial "spaceline" company.
VG, which has received more than $1B in funding since its 2004 inception, says it has passenger reservations from more than 600 people from 60 countries, eager to blast off into space from Spaceport America, New Mexico.
Branson said VG is at the point of development where "we can open space to more investors and in doing so, open space to thousands of new astronauts."
The go-public scenario has VG merging with Social Capital Hedosophia Holdings, a special-purpose acquisition company.
SCHH will invest $800M in VG for a 49 percent stake when the transaction closes by the end of the year.
FTI has Adam Davidson and Antonia Gray field inquiries about VG.
Gasthalter & Co.'s Jonathan Gasthalter, Carissa Felger and Nathaniel Garnick rep SCHH.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
