Rocket Lab files pro forma financials for $7.6B Iridium acquisition backed by $3.6B bridge loan

Filed August 13, 2026 · Period ending August 13, 2026 · ~2 min read

Key Changes

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  Rocket Lab disclosed preliminary $7.6B purchase price for Iridium: $2.9B cash, $2.9B stock, $94M equity awards, $1.8B debt payoff. Secured $3.6B 364-day bridge loan at ~8% from Deutsche Bank and Wells Fargo to fund cash portion; intends to replace with permanent financing before close.

  Exhibit 99.3 view on EDGAR →
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  Pro forma combined results show net loss of $154.7M (six months ended Jun 2026) and $203.0M (year ended Dec 2025), or $0.23 and $0.36 per share. Includes $143.2M and $312.2M in bridge loan interest expense for respective periods.

  Exhibit 99.3 view on EDGAR →
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  Preliminary purchase price allocation identifies $4.3B in intangible assets: $3.3B spectrum (indefinite life), $447M customer relationships (15-year), $566M technology (15-year). Also records $2.2B goodwill and $1.9B property/plant/equipment (satellite constellation).

  Exhibit 99.3 view on EDGAR →