Vector Acquisition Corporation II Announces Closing of Upsized $450 Million Initial Public Offering

SAN FRANCISCO--(BUSINESS WIRE)--Vector Acquisition Corporation II (the “Company”), a special purpose acquisition company led by Alex Slusky and formed for the purpose of entering into a combination with one or more businesses, today announced the closing of its upsized initial public offering of 45,000,000 Class A ordinary shares at a price of $10.00 per share. Total gross proceeds from the offering were $450 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The Class A ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol “VAQC” on March 10, 2021.

Rocket Lab Is a Mini-SpaceX That Investors Can Buy Today

There’s a space company capturing the imagination of investors that engineers its own rockets, has launched dozens of satellites into orbit, and has planned missions to the Moon, Mars, and even Venus

Rocket Lab, an End-to-End Space Company and Global Leader in Launch, to Become Publicly Traded Through Merger with Vector

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (“Rocket Lab” or “the Company”), a global leader in launch and space systems, and Vector Acquisition Corporation (Nasdaq: VACQ) (“Vector”), 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.

Rocket Lab Reaches Deal to Merge With Vector SPAC

Space-transportation startup Rocket Lab USA Inc. reached a deal to go public by merging with a special-purpose acquisition company, as a wave of such deals rolls on.

Rocket Lab struck a deal with Vector Acquisition Corp. that would value the U.S.-New Zealand startup at around $4.1 billion including debt, the company said Monday. The Wall Street Journal reported Sunday such a deal was imminent.

Small-launch leader Rocket Lab going public via a SPAC, with plans for bigger Neutron rocket

Rocket Lab, the leader among companies building small rockets to launch satellites, is going public through a SPAC merger that values the company at more than $4 billion when the deal closes.

MarkLogic Appoints Data Industry Veteran Jeffrey Casale as Chief Executive Officer

SAN FRANCISCO--(BUSINESS WIRE)--MarkLogic Corporation, a leader in cloud data management, today announced that Jeffrey Casale has been named Chief Executive Officer. The company also announced that David Donatelli, a senior executive with extensive leadership experience at Fortune 50 technology companies, will join its Board of Directors.

Vector Capital Completes Acquisition of Mood Media

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Mood Media, the world's leading in-store media solutions company dedicated to elevating the Customer Experience.

Cambium Networks Corporation Announces Pricing of Secondary Offering

ROLLING MEADOWS, Ill., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Nasdaq: CMBM) (“Cambium”), a provider of wireless networking infrastructure solutions, today announced the pricing of an underwritten secondary public offering of 2,500,000 ordinary shares to be sold by Vector Cambium Holdings (Cayman), L.P. (“VCH, L.P.”), which is owned by Vector Capital and certain of its affiliates (together with VCH, L.P., “Vector Capital”), at a public offering price of $28.00 per share, for total gross proceeds to Vector Capital of approximately $70 million, before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on December 8, 2020, subject to the satisfaction of customary closing conditions. In addition, Vector Capital has granted the underwriters a 30-day option to purchase up to an additional 375,000 ordinary shares at the public offering price, less underwriting discounts and commissions.

Vector Capital to Acquire Mood Media

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has entered into a definitive agreement to acquire Mood Media, the world's leading in-store media solutions company dedicated to elevating the Customer Experience. Under the terms of the agreement, Vector Capital will make a meaningful equity investment in Mood Media’s business, and the company’s existing lenders, including investment funds and accounts managed by HPS Investment Partners, LLC, will continue to support Mood Media with a new credit facility at closing.

Donuts Inc. to Acquire Afilias, Inc

BELLEVUE, Wash., Nov. 19, 2020 /PRNewswire/ -- Donuts Inc., the global leader in next generation top-level domains (TLD) and digital identity, today announces that it has entered into an agreement to purchase Afilias, Inc. for an undisclosed sum. The transaction, which will not include Afilias' mobile software and registrar businesses, is expected to close in Q4 2020, following successful completion of regulatory requirements.