---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-013945"
form_type: "8-K"
ticker: "IRDM"
cik: "0001418819"
company_name: "Iridium Communications Inc."
filed_at: "2026-09-15T10:05:33+00:00"
generated_at: "2026-09-15T10:10:24.809834+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Iridium amends credit agreement to consent to Rocket Lab acquisition, adjusts loan terms

## Summary
- Consent and Amendment No. 4, dated Sept 15, 2026, approves Rocket Lab merger; transaction won't trigger Change of Control under credit facility.
- Post-closing, term loan margin rises to SOFR+2.50%-3.00% or base rate+1.5%-2.0%, based on credit ratings.
- Adds 1.00% prepayment premium for repricing deals and 1.00% exit fee after first anniversary post-closing.
- Rocket Lab USA, Inc. to provide downstream parent guarantee of credit obligations at closing.
- Consenting lenders receive 0.50% consent fee on outstanding term loans; consent effective date is Sept 15, 2026.

## SEC filing metadata
- accession: 0000950103-26-013945
- form_type: 8-K
- ticker: IRDM
- cik: 0001418819
- company_name: Iridium Communications Inc.
- filed_at: 2026-09-15T10:05:33+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418819/000095010326013945/0000950103-26-013945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418819/000095010326013945/dp253331_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-013945
- JSON: https://secwatch.observer/filing/0000950103-26-013945.json
- Plain text: https://secwatch.observer/filing/0000950103-26-013945.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.