M&A
confidence high
sentiment positive
materiality 0.80
Rocket Lab launches $1.94B ATM for Iridium deal; HSR cleared, S-4 filed
Rocket Lab Corp
- New ATM program allows up to $1,944,369,826 in common stock sales; replaces May 2026 program, no increase in aggregate amount.
- Proceeds to fund Iridium acquisition cash payments and reduce $3.6B bridge loan commitments.
- HSR waiting period for Iridium acquisition expired Aug 12, 2026; Form S-4 filed with SEC.
- FCC applications to transfer Iridium licenses filed Aug 10, 2026; seeking consent.
- Plans to amend Iridium's $1.775B term loan facility to keep it in place, reducing bridge commitments.