Rocket Lab completes $474 million at-the-market equity offering

Rocket Lab Corporation (NASDAQ: RKLB) completed its at-the-market equity offering program, raising approximately $474 million in gross proceeds before commissions and expenses, according to a company statement.

The space launch services company sold 6,726,862 shares through at-the-market transactions under the program. Rocket Lab filed a prospectus supplement on March 17, 2026, to offer up to $1 billion in common stock through the program.

The company also entered into collared forward transactions, selling an additional 7,451,200 shares. These transactions are structured to provide minimum expected proceeds of approximately $474 million and maximum expected proceeds of approximately $642 million, with maturity dates scheduled for April 2028. The actual proceeds will depend on factors including whether Rocket Lab elects to settle the transactions before maturity and the specific cap and floor prices established in each transaction.

Rocket Lab plans to use the net proceeds to fund future growth initiatives, including potential acquisitions, and for general corporate and working capital purposes.

The offering program represents a significant capital raise for the Long Beach, California-based company, which provides launch services and space systems globally.

You May Also Be Interested In

• Freedom Holding launches $300 million common stock offering
• Circle board member resigns after nearly 13 years of service
• Amerant Bancorp (AMTB) files $300M mixed shelf