Rocket Lab RKLBAcquisition
Rocket Lab agrees to acquire Iridium for $54 per share in cash and stock
Filed Jun 29, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On June 28, 2026 it signed a merger agreement with Iridium Communications; Iridium holders get $27.00 in cash plus Rocket Lab shares.
- The exchange ratio is 0.4000 if Rocket Lab's price is $67.50 or less and 0.2400 if it is $112.50 or more.
- The release states $54 per share and an Iridium enterprise value of about $8.0 billion.
- Closing needs a majority Iridium vote and regulatory approvals; Iridium owes a $223.62 million termination fee in specified cases.
Items reported
- 1.01 Material agreement
- 7.01 Investor presentation
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.