Mergers & Acquisitions ·
On August 13, 2026, Rocket Lab Corporation entered into a replacement Equity Distribution Agreement with Deutsche Bank…
RKLBRocket Lab Corp
On August 13, 2026, Rocket Lab Corporation entered into a replacement Equity Distribution Agreement with Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC, establishing an at-the-market (ATM) equity program allowing the sale of up to $1,944,369,826 in common stock. This agreement replaces the prior May 2026 sales agreement, carrying forward its unsold offering amount without increasing the aggregate cap. Rocket Lab intends to use net proceeds from this ATM program and a proposed amendment to Iridium Communications Inc.'s existing $1.775 billion term loan facility to fund cash payments for its acquisition of Iridium and reduce commitments under a $3.6 billion senior secured bridge facility. Concurrently, the company announced that the Hart-Scott-Rodino antitrust waiting period for the Iridium acquisition expired on August 12, 2026, and it filed a Form S-4 registration statement and FCC applications related to the transaction. Rocket Lab Corporation is an end-to-end space company delivering rockets, satellites, and spacecraft components.