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Rocket Lab | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Deer VIII & Co. L.P.(8.4%),Deer VIII & Co. Ltd.(8.4%), etc.

SEC announcement ·  Feb 14 16:40
Summary by Moomoo AI
On July 26, 2023, Bessemer Venture Partners VIII Institutional L.P. (BVP VIII Inst), Bessemer Venture Partners VIII L.P. (BVP VIII), Deer VIII & Co. L.P. (Deer VIII LP), and Deer VIII & Co. Ltd. (Deer VIII Co) filed an amendment to their Schedule 13D with the SEC, disclosing their respective ownership stakes in Rocket Lab USA, Inc. As of December 31, 2023, BVP VIII Inst and BVP VIII reported sole voting and dispositive power over 22,243,247 and 18,495,297 shares of Rocket Lab's common stock, representing approximately 4.6% and 3.8% of the company's issued common stock, respectively. Deer VIII LP and Deer VIII Co, as general partners, may be deemed to have sole voting and dispositive power over all 40,738,544 shares owned by the BVP VIII Funds, amounting...Show More
On July 26, 2023, Bessemer Venture Partners VIII Institutional L.P. (BVP VIII Inst), Bessemer Venture Partners VIII L.P. (BVP VIII), Deer VIII & Co. L.P. (Deer VIII LP), and Deer VIII & Co. Ltd. (Deer VIII Co) filed an amendment to their Schedule 13D with the SEC, disclosing their respective ownership stakes in Rocket Lab USA, Inc. As of December 31, 2023, BVP VIII Inst and BVP VIII reported sole voting and dispositive power over 22,243,247 and 18,495,297 shares of Rocket Lab's common stock, representing approximately 4.6% and 3.8% of the company's issued common stock, respectively. Deer VIII LP and Deer VIII Co, as general partners, may be deemed to have sole voting and dispositive power over all 40,738,544 shares owned by the BVP VIII Funds, amounting to approximately 8.4% of Rocket Lab's common stock. The ownership percentages are based on 485,886,993 shares of common stock outstanding as of November 3, 2023. Additionally, on July 26, 2023, BVP VIII and BVP VIII Inst distributed 8,142,482 shares of Rocket Lab's common stock to their limited partners and to Deer VIII LP without consideration. These shares were further distributed among the partners' members in accordance with their pro rata interests.
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