{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-078482","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2026-06-29T11:09:00+00:00","discovered_at":"2026-06-29T11:10:00.267568+00:00","generated_at":"2026-06-29T11:10:21.058446+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Iridium to be acquired by Rocket Lab for $27 cash per share plus variable stock consideration","bullets":["Iridium shareholders receive $27.00 in cash plus a number of Rocket Lab shares per IRDM share, based on Exchange Ratio tied to RKLB VWAP.","Exchange ratio: 0.4000 if RKLB VWAP ≤$67.50; $27/$RKLB VWAP if $67.50-$112.50; 0.2400 if ≥$112.50.","Termination fee of $223.62 million payable by Iridium under certain conditions; deal must close by June 28, 2027 (extendable to Dec 28, 2027).","Iridium board unanimously approved and recommends; directors holding ~1.6% of shares entered support agreements to vote in favor.","Outstanding Iridium RSUs/PSUs assumed by Rocket Lab; Iridium options/CSARs canceled for cash consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-078482","json":"https://secwatch.observer/filing/0001104659-26-078482.json","markdown":"https://secwatch.observer/filing/0001104659-26-078482.md","text":"https://secwatch.observer/filing/0001104659-26-078482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000110465926078482/0001104659-26-078482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000110465926078482/tm2619278d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T11:10:21.058446+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}