Mergers & Acquisitions ·
Rocket Lab Corporation filed an 8-K to provide financial information and accounting consent related to its pending…
RKLBRocket Lab Corp
Rocket Lab Corporation filed an 8-K to provide financial information and accounting consent related to its pending acquisition of Iridium Communications Inc. under a merger agreement dated June 28, 2026. The transaction involves a two-step merger where Iridium becomes a subsidiary before merging into Rocket Lab. Consideration includes $27.00 in cash per share plus stock based on an exchange ratio tied to Rocket Lab's stock price. Preliminary purchase consideration is estimated at approximately $7.59 billion, including the payoff of roughly $1.77 billion in Iridium debt. Rocket Lab secured a $3.6 billion senior secured bridge term loan facility to fund the cash portion. The filing includes audited and unaudited financial statements for Iridium and pro forma combined financials reflecting the transaction as if completed on June 30, 2026. Rocket Lab Corporation operates in the aerospace industry, designing, manufacturing, and launching small satellites and launch vehicles.