Rocket Companies, Inc. (RKT): M&A transaction — Rocket Companies completes Redfin acquisition; launches Rocket Preferred Pricing, simplifies Up-C structure

Rocket Companies, Inc.

Completed acquisition of Redfin on July 1, 2025; each Redfin share exchanged for 0.7926 shares of Rocket common stock.
Issued ~103.4M shares of Rocket Class A common stock to Redfin stockholders as merger consideration.
Launched 'Rocket Preferred Pricing': 1 percentage point rate reduction for first year or up to $6,000 lender credit for clients using both Rocket Mortgage and Redfin.
Completed simplification of Up-C structure, eliminating high/low vote structure and reducing common stock classes from four to two (Class A and Class L).
Assumed Redfin's 0.00% convertible notes due Oct 2025 and 0.50% notes due Apr 2027; convertible into Rocket shares at specified rates.

item 1.01 item 2.01 item 2.03 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Rocket Companies, Inc. completed an acquisition involving Redfin Corporation for approximately 103,391,679 shares of Rocket Class A common stock, par value $0.00001 (closed 2025-07-01).

Action: acquisition
Counterparty: Redfin Corporation
Consideration: approximately 103,391,679 shares of Rocket Class A common stock, par value $0.00001
Closing: 2025-07-01

Exact text from the filing

On July 1, 2025, Rocket Companies, Inc. (“Rocket” or the “Company”) completed the previously announced acquisition of Redfin Corporation (“Redfin”), a Delaware corporation. Pursuant to the Agreement and Plan of Merger, dated as of March 9, 2025 (the “Merger Agreement”), by and among the Company, Redfin and Neptune Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”), Merger Sub merged with and into Redfin (the “Merger”), with Redfin surviving the Merger and continuing as a wholly owned subsidiary of the Company. As consideration for the Merger, approximately 103,391,679 shares of Rocket Class A common stock, par value $0.00001 (“Rocket common stock”) were issued to the stockholders of Redfin.

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Rocket Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-064824

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