https://wccftech.com/spacex-competitor-rocket-lab-is-now-ready-to-go-public-by-merging-with-the-spac-vector-acquisition-corp-vacq-the-company-represents-a-very-attractive-financial-bet/

Rocket Lab, an aerospace company that specializes in manufacturing small satellites, has now joined a growing list of space-focused enterprises that are choosing the SPAC route to go public.

As per the press statement released just moments ago by Rocket Lab and the SPAC Vector Acquisition Corp. (NASDAQ:VACQ), the merger agreement values Rocket Lab at an implied pro forma enterprise value of $4.1 billion. At the close of this transaction, the combined company is expected to have access to $750 million in cash, including $470 million in PIPE investments from the likes of BlackRock, Neuberger Berman, etc. This merger agreement is expected to close in Q2 2021, allowing the shares of the combined company to start trading on the NASDAQ under the ticker symbol RKLB.