## Filing Overview
**Filing Date**: 05-25-2023
**Type of Filing**: [[Filing Definitions#8-K|8-K]]
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## Notes
Rocket Lab entered into an **Asset Purchase Agreement (APA)** with **Virgin Orbit Holdings, Inc.** on **May 23, 2023**, to acquire specific assets, including a facility lease located at 4022 E. Conant Street, Long Beach, California, and related equipment. Highlights include:
- **Purchase Price**: $16.1 million, with $1.6 million held in escrow.
- **Approval**: The agreement was approved by the **U.S. Bankruptcy Court for the District of Delaware** on **May 24, 2023**.
- **Liabilities**: Rocket Lab will assume specific liabilities tied to the acquired assets from the closing date forward.
The filing also references a press release issued on **May 23, 2023**, which is attached as Exhibit 99.1.
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## Filing
![[c7be00bb-2d16-4f85-83bc-2c9288232389.pdf]]