Rocket Lab Fully Funds Iridium Acquisition with $1.94 Billion ATM and Credit Amendment
Rocket Lab Corporation announced it has successfully completed critical milestones to fully finance its pending acquisition of Iridium Communications Inc. This includes the completion of a $1.94 billion At-The-Market (ATM) share sale and an amendment to Iridium's existing term loan facility to carve out Rocket Lab's acquisition from the 'Change of Control' definition.
Want more?
Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.
Open NewsSnap.ai