Walkers (Cayman) acts on Vector Acquisition Corporation's business combination with Rocket Lab to create a publicly traded end-to-end space company

Walkers' Cayman Islands office is pleased to have acted as Cayman Islands counsel to Vector Capital in connection with Vector Acquisition Corporation's business combination with Rocket Lab, a leader in end-to-end space services spanning launch, spacecraft manufacture and on-orbit spacecraft management, which has commenced trading on the Nasdaq under the ticker "RKLB".  Gross proceeds to Rocket Lab totalled $777 million, combining funds held in Vector Acquisition Corporation's trust account and concurrent PIPE financing.

Walkers was instructed by Kirkland & Ellis LLP and was led by Cayman Islands partner Melissa Lim and senior counsel Matt Bernardo, with assistance from associates Jennifer Sangaroonthong and Aoife Murphy.