Vector Acquisition Sets Vote Date on $4.1B Rocket Lab Deal

Vector Acquisition

Vector Acquisition set an Aug. 20 meeting for stockholders to vote on the proposed merger with Rocket Lab USA, a launch and space systems company. The SPAC also noted that its registration statement and proxy on the deal are now effective.

Announced in March, the transaction includes up to $320 million of cash held in Vector Acquisition’s trust account (assuming no redemptions), and a concurrent $470 million PIPE led by Vector Capital, BlackRock and Neuberger Berman and other institutional investors. Read more.

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