M&A
confidence high
sentiment positive
materiality 0.80
Iridium shareholders approve Rocket Lab acquisition; $54/share notional value
Iridium Communications Inc.
- 85,862,105 votes for merger agreement (99.6% of votes cast); 318,415 against, 67,862 abstain.
- Stockholders to receive $27 cash plus Rocket Lab shares, notional value $54 per share.
- Transaction expected to close by mid-2027, pending regulatory approvals and closing conditions.
- Golden parachute advisory proposal approved 74,461,703 for, 10,948,729 against, 837,950 abstain.
- Special meeting quorum 81.38% of outstanding shares represented; record date Aug 21, 2026.
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Selected #3 for 2026-09-24.
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