{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-011944","form_type":"8-K","ticker":"RKLB","cik":"0001819994","company_name":"Rocket Lab Corp","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.689228+00:00","generated_at":"2026-06-06T07:14:17.294071+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Rocket Lab closes upsized $355M 4.25% convertible note due 2029, net proceeds ~$300M","bullets":["Issued $355M aggregate principal 4.250% convertible senior notes due Feb 2029; upsized from $300M due to oversubscription.","Net proceeds of ~$300.3M after $43.2M capped call cost and ~$11.5M underwriting/offering expenses.","Initial conversion price ~$5.13 per share; effective conversion price ~$8.04 after capped call transactions.","Proceeds used: ~$40M to repay equipment financing, remainder for working capital, potential M&A and growth.","Capped call transactions cover shares underlying notes to reduce dilution, cost $43.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-011944","json":"https://secwatch.observer/filing/0000950170-24-011944.json","markdown":"https://secwatch.observer/filing/0000950170-24-011944.md","text":"https://secwatch.observer/filing/0000950170-24-011944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819994/000095017024011944/0000950170-24-011944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819994/000095017024011944/rklb-20240201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:14:17.294071+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5471e3ed9063a80e78e7f871e14d740d79bf3c49","claim":"Rocket Lab Corp incurred senior notes of $355,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 4.250% per annum maturing February 1, 2029.","evidence_excerpt":"On February 6, 2024, Rocket Lab USA, Inc. (the “Company”) issued $355,000,000 aggregate principal amount of its 4.250% Convertible Senior Notes due 2029 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819994/000095017024011944/0000950170-24-011944-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$355,000,000 aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"4.250% per annum"},{"label":"Maturity","value":"February 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2637725e805ed2ef9514dd160f5cd9944e77dc66","claim":"Rocket Lab Corp entered into Indenture with U.S. Bank Trust Company, National Association valued at $355,000,000 aggregate principal amount of its 4.250% Convertible Senior Notes due 2029 (effective 2024-02-06).","evidence_excerpt":"On February 6, 2024, Rocket Lab USA, Inc. (the “Company”) issued $355,000,000 aggregate principal amount of its 4.250% Convertible Senior Notes due 2029 (the “Notes”). The Notes were issued pursuant to, and are governed by, an indenture (the “Indenture”), dated as of February 6, 2024, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819994/000095017024011944/0000950170-24-011944-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$355,000,000 aggregate principal amount of its 4.250% Convertible Senior Notes due 2029"},{"label":"Effective","value":"2024-02-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}