Iridium shareholders approve Rocket Lab merger; deal expected to close mid-2027

Iridium Communications shareholders adopted the merger agreement with Rocket Lab at a special meeting on September 24, 2026. The filing shows 85.9 million votes for and 0.3 million against, and an advisory vote on golden parachute pay also passed. Completion still needs regulatory approvals and other closing conditions, and the companies expect it to close by mid-2027.

• Merger proposal: 85,862,105 votes for, 318,415 against, 67,862 abstaining
• Shares present were 86.2M, or 81.38% of the 105,981,552 shares outstanding on the August 21 record date
• Consideration: $27.00 in cash plus Rocket Lab shares under an exchange ratio with a $67.50 to $112.50 collar
• Expected close by mid-2027, subject to regulatory approvals