m_and_a
confidence high
sentiment neutral
materiality 0.75
Rocket Lab agrees to acquire Mynaric AG for $75M plus up to $75M in earnouts
Rocket Lab Corp
- Acquires all shares of Mynaric AG (German laser communications) for $75M in cash or stock at Rocket Lab's discretion.
- Earnout payments up to $75M based on Mynaric revenue targets for 2025, 2026 and 2027.
- Transaction subject to regulatory approval by German Ministry of Foreign Affairs; customary closing conditions.
- Rocket Lab to file resale registration for issued stock within 30 days after closing.
item 3.02item 8.01