Vector Acquisition Restates Warrants, to File Amended 10-K

Vector Capital

Vector Acquisition, like dozens of SPACs in the last two weeks, today said in an 8-K filing it would submit an amended annual report to align accounting for its warrants with the SEC’s statement last month that warrants should be classified as derivative liabilities.

The SPAC is in a pending $4.1 billion merger with Rocket Lab. The deal is expected to close this quarter. Read more.

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