Space-transportation startup Rocket Lab USA is nearing an agreement to go public by merging with Vector Acquisition (VACQ), Cara Lombardo of Wall Street Journal reports, citing people familiar with the matter. The deal values Rocket Lab at around $4.1B including debt and could be finalized by Monday, sources told the Journal. It is expected to include additional funds of about $470M in the form of a private investment in public equity from investors including BlackRock (BLK) and Neuberger Berman Group, the sources added.
previous post