Vector Acquisition (VACQ) Pushes Higher Following SPAC Merger with Rocket Lab
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Rocket Lab to Become Publicly Traded Through Merger with Vector Acquisition Corporation (VACQ)
March 1, 2021 6:31 AM ESTRocket Lab USA, Inc., a global leader in launch and space systems, and Vector Acquisition Corporation (Nasdaq: VACQ), a special purpose acquisition company backed by leading technology investor Vector Capital, announced today that they have entered into a definitive merger agreement that will result in Rocket Lab becoming a publicly traded company. The transaction is estimated to be completed in Q2 2021 and, at that time, Vector will change its name to Rocket Lab USA, Inc. and the combined company will trade under the Nasdaq ticker symbol RKLB.
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