Deals
Iridium Stockholders Approve the Rocket Lab Acquisition With 99.6% of Votes Cast
The vote clears the shareholder gate on a cash-and-stock deal valued at $54 a share. Closing is still expected in mid-2027, subject to regulatory approvals.
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By Anna Ferreira
Sep 25, 2026 · 10 min read
Iridium Communications Inc. (NASDAQ: IRDM) stockholders approved the company's acquisition by Rocket Lab (NASDAQ: RKLB), with 99.6% of votes cast in favor, representing 81.0% of shares outstanding and entitled to vote. The companies announced the result in a release dated 4:30 p.m. Eastern on Sept. 24.
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Anna Ferreira
Senior Correspondent, Corporate Strategy
Anna Ferreira writes for Corporate Insider Inc.