Rocket Lab Corporation Announces Dollar-for-Dollar Replacement At-The-Market Equity Program
Rocket Lab entered into a replacement equity distribution agreement with Deutsche Bank and Wells Fargo, maintaining an aggregate ATM offering capacity of approximately $1.94 billion. The company intends to use the net proceeds from share sales to fund the cash portion of its proposed acquisition of Iridium Communications and to reduce commitments under its senior secured debt bridge facility.
Key figures
- Aggregate offering amount
- $1,944,369,826
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