$IRDM 𝘀𝘁𝗼𝗰𝗸𝗵𝗼𝗹𝗱𝗲𝗿𝘀 𝗮𝗽𝗽𝗿𝗼𝘃𝗲𝗱 𝘁𝗵𝗲 $RKLB 𝗺𝗲𝗿𝗴𝗲𝗿 𝗼𝗻 Sept 24. 🚀🚀🚀 1. 99.6% of votes cast in favor 2. 81% of outstanding shares voted yes Each $IRDM share gets: 1. $27.00 in cash 2. $27.00 in $RKLB stock 3. $54.00 notional The stock piece floats on a 10-day VWAP inside a $67.50 to $112.50 collar. Below $67.50 the ratio locks at 0.40 shares, so every $1 of $RKLB weakness under the floor takes $0.40 off the package. $RKLB closed at $73.61 on vote day, about 9% above the floor. $IRDM closed at $48.89, a $5.11 spread to $54, about 10.5%. Since the June announcement: 1. HSR lapsed Aug 12 2. S-4 went effective Aug 26 3. $1.94B ATM completed at ~$66.38, $3.6B bridge terminated 4. Iridium's $1.775B term loan amended to stay in place after close "Today's vote is an important milestone in bringing together Rocket Lab and Iridium to create a next generation space powerhouse," said Sir Peter Beck, Rocket Lab Founder and CEO. The FCC license transfer, filed Aug 10, is still pending. Close is expected by mid-2027.