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.
