Skip to main content
RKLBFYI

Intelligence Hub

Market analytics and operational performance indicators

Last Updated: 34 minutes ago
Back to Filings
FORM SC 13G/A
AI

Ownership Report - August 31, 2021

Filed August 31, 2021
·
0001213900-21-045866

Vector SPAC sponsor fully exits position, reports 0% ownership as of Aug 25, 2021.

Brief

This SC 13G/A is an exit filing by Vector Acquisition Partners, L.P. (SPAC sponsor) and its general partner, reporting zero beneficial ownership of Vector Acquisition Corp's Class A shares post-merger with Rocket Lab. Key change: From prior holdings to 0 shares and 0% as of August 25, 2021. Relevant to RKLB investors as it confirms sponsor divestiture after SPAC merger.

Detailed Brief

This Amendment No. 1 to Schedule 13G, filed August 31, 2021, serves as an exit filing under Rule 13d-1(d) for Vector Acquisition Partners, L.P. (Sponsor) and Vector Capital Partners V, Ltd. (General Partner), disclosing they beneficially own 0 Class A Ordinary Shares of Vector Acquisition Corporation (SPAC that merged with Rocket Lab USA). Original 13G was filed December 31, 2020; event triggering this amendment is August 25, 2021, coinciding with the SPAC merger closing, after which shares converted to RKLB. The Sponsor, typically holding ~20% pre-merger via founder shares and warrants, has fully disposed, with no sole/shared voting or dispositive power. Board of directors disclaims beneficial ownership beyond pecuniary interest. For Rocket Lab, this marks complete sponsor exit post-merger, common in SPACs as sponsors redeem or sell to realize promote.

Key Telemetry

  • Reporting persons (SPAC sponsor and GP) own 0 shares (0%) of Class A Ordinary Shares as of Aug 25, 2021.
  • Exit filing (Amendment No. 1) following original 13G filed Dec 31, 2020.
  • Filed Aug 31, 2021, post Rocket Lab-SPAC merger.
  • No voting or dispositive power retained.

Risk Signals

Insider Selling
SPAC sponsor (insider) reports large position change from prior holdings to 0 shares (complete exit) in SC 13G/A.

Impact Vector

Neutral for RKLB investors; sponsor exit eliminates potential overhang from locked-up founder shares but reflects typical post-merger monetization. No ongoing influence from Vector sponsor. Monitor for any sponsor-related warrants exercise or secondary sales, though this filing confirms full divestiture as of merger close.

Search
Search across missions, customers, news, and SEC filings