Rocket Lab (RKLB) said Thursday the US antitrust waiting period for its pending acquisition of Iridium Communications (IRDM) expired on Wednesday.
Rocket Lab also said it filed a registration statement with the US Securities and Exchange Commission and applications to the Federal Communications Commission to transfer Iridium's licenses.
To reduce its $3.6 billion bridge loan commitments, the company will seek amendments to retain Iridium's existing $1.78 billion term loan following the acquisition, Rocket Lab said.
Shares of the company were down 2.7% in Thursday premarket activity.
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