Rocket Lab Fully Funds Iridium Acquisition, Including Completion of $1.94 Billion ATM
🤖 D.R.A.F.T. Summary
Iridium Acquisition Now Fully Financed: Rocket Lab completes the $1.944 billion At-The-Market (ATM) equity offering, securing the required cash consideration (alongside available liquidity) to fully fund its pending acquisition of Iridium Communications – expected to close in mid-2027, pending regulatory approvals. Cost-Effective Debt Structure Secured: Iridium amends its existing $1.775 billion credit facility to permit […]
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