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Rocket Lab | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-VK Services, LLC(16.3%),Vinod Khosla(16.3%), etc.

SEC announcement ·  Mar 13 20:00
Summary by Moomoo AI
On March 11, 2024, a significant transaction involving Rocket Lab USA, Inc. and various entities associated with Khosla Ventures was reported to the SEC. The filing, an amendment to Schedule 13D, indicates that Khosla Ventures and its related entities have a combined beneficial ownership of Rocket Lab's common stock amounting to a substantial percentage of the company. The entities involved include Khosla Ventures Seed B, L.P., Khosla Ventures Seed B (CF), L.P., Khosla Ventures Seed Associates B, LLC, Khosla Ventures V, L.P., Khosla Ventures Associates V, LLC, VK Services, LLC, and Vinod Khosla himself. Collectively, these entities beneficially own shares ranging from 0.3% to 16.3% of Rocket Lab's common stock. The filing also details the distribution of shares among the...Show More
On March 11, 2024, a significant transaction involving Rocket Lab USA, Inc. and various entities associated with Khosla Ventures was reported to the SEC. The filing, an amendment to Schedule 13D, indicates that Khosla Ventures and its related entities have a combined beneficial ownership of Rocket Lab's common stock amounting to a substantial percentage of the company. The entities involved include Khosla Ventures Seed B, L.P., Khosla Ventures Seed B (CF), L.P., Khosla Ventures Seed Associates B, LLC, Khosla Ventures V, L.P., Khosla Ventures Associates V, LLC, VK Services, LLC, and Vinod Khosla himself. Collectively, these entities beneficially own shares ranging from 0.3% to 16.3% of Rocket Lab's common stock. The filing also details the distribution of shares among the partners and associates of the reporting entities, with VK Services, LLC directly owning 16,463,434 shares of Common Stock after distributions. The transactions were made for investment purposes, and there are no current plans to change the company's business, policies, or management. However, the reporting entities reserve the right to acquire or dispose of additional securities and may engage in discussions with management and other stockholders regarding the company's future.

This announcement is a separate document:

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