RKLB Fully Funds $8B Iridium Deal: Rocket Lab’s Stock Sale Removes Key Risk Ahead Of Acquisition
Rocket Lab (RKLB) was in the spotlight on Tuesday after the space tech firm secured the funding needed for its planned $8 billion acquisition of Iridium Communications (IRDM), removing a major financing overhang.The company completed its $1.94 billion at-the-market (ATM) stock offering, selling abo…