M
ME NEWS
12 Mar 2025, 05:53
Rocket Lab USA, Inc. Announces ATM Equity Offering Sales Agreement for Up to $500 Million
Long Beach, CA – March 11, 2025 – Rocket Lab USA, Inc. (Nasdaq: RKLB) announced today that it has entered into an At-The-Market (ATM) Equity Offering Sales Agreement with BofA Securities, Cantor Fitzgerald, Stifel, and TD Securities (USA) LLC (collectively, the “Sales Agents”). Under this agreement, Rocket Lab may offer and sell up to $500 million in common stock through the Sales Agents.
Key Details of the Offering:
The offering will be conducted under a shelf registration statement on Form S-3, which was filed and became effective on March 11, 2025.
Shares may be sold at Rocket Lab’s discretion, with the Sales Agents acting as agents or principals.
The Sales Agents will use commercially reasonable efforts to sell shares, following Rocket Lab’s specified parameters such as price, timing, and volume.
No obligation exists for Rocket Lab to sell any shares under this agreement.
The Sales Agreement may be terminated by either party at any time upon written notice.
Strategic Purpose & Market Impact
Rocket Lab intends to leverage this offering to support growth initiatives, research & development, and operational expansion. The company continues to solidify its position in the commercial space sector, particularly in satellite launch services and spacecraft manufacturing.
The company has filed a prospectus supplement related to this offering with the U.S.
Long Beach, CA – March 11, 2025 – Rocket Lab USA, Inc. (Nasdaq: RKLB) announced today that it has entered into an At-The-Market (ATM) Equity Offering Sales Agreement with BofA Securities, Cantor Fitzgerald, Stifel, and TD Securities (USA) LLC (collectively, the “Sales Agents”). Under this agreement, Rocket Lab may offer and sell up to $500 million in common stock through the Sales Agents.
Key Details of the Offering:
The offering will be conducted under a shelf registration statement on Form S-3, which was filed and became effective on March 11, 2025.
Shares may be sold at Rocket Lab’s discretion, with the Sales Agents acting as agents or principals.
The Sales Agents will use commercially reasonable efforts to sell shares, following Rocket Lab’s specified parameters such as price, timing, and volume.
No obligation exists for Rocket Lab to sell any shares under this agreement.
The Sales Agreement may be terminated by either party at any time upon written notice.
Strategic Purpose & Market Impact
Rocket Lab intends to leverage this offering to support growth initiatives, research & development, and operational expansion. The company continues to solidify its position in the commercial space sector, particularly in satellite launch services and spacecraft manufacturing.
The company has filed a prospectus supplement related to this offering with the U.S.