Khosla Ventures Amends Rocket Lab Stake Filing

Ticker: RKLB · Form: SC 13D/A · Filed: 2024-03-13T00:00:00.000Z

Sentiment: neutral

Topics: schedule-13d, amendment, investment-group

Related Tickers: RKLB

TL;DR

Khosla Ventures filed an update on their Rocket Lab stake - check the details.

AI Summary

Khosla Ventures Seed B, L.P. filed an amendment (No. 3) to its Schedule 13D on March 13, 2024, regarding its holdings in Rocket Lab USA, Inc. The filing indicates a change in the group's beneficial ownership, though specific new percentage or share counts are not detailed in this excerpt. The group, which includes several Khosla Ventures entities and Vinod Khosla, previously reported holdings in Rocket Lab.

Why It Matters

This amendment signals a potential shift in a significant investor's position in Rocket Lab, which could influence market perception and stock price.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings can indicate changes in significant investor sentiment or strategy, potentially impacting the stock.

Key Players & Entities

FAQ

What specific changes in beneficial ownership are reported in this amendment?

This excerpt does not provide the specific new percentage or share counts of beneficial ownership, only that an amendment (No. 3) was filed on March 13, 2024.

Who is the primary filer of this Schedule 13D/A?

The primary filer identified is Khosla Ventures Seed B, L.P.

What is the subject company of this filing?

The subject company is Rocket Lab USA, Inc.

When was this amendment filed?

This amendment was filed on March 13, 2024.

What other entities are part of the filing group?

The filing group includes Khosla Ventures Associates V, LLC, Khosla Ventures Seed Associates B, LLC, Khosla Ventures Seed B (CF), L.P., Khosla Ventures V, L.P., Vinod Khosla, and VK Services, LLC.

Filing Stats: 4,205 words · 17 min read · ~14 pages · Grade level 11.5 · Accepted 2024-03-13 19:56:58

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 d621239dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* Rocket Lab USA, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 773122106 (CUSIP Number) John Demeter Khosla Ventures 2128 Sand Hill Road Menlo Park, California 94025 (650) 376-8500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 11, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 773122106 13D 1 NAMES OF REPORTING PERSONS. Khosla Ventures Seed B, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 24,193,264 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 24,193,264 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 24,193,264 shares (see Attachment A) 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.9% (see Attachment A) 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No. 773122106 13D 1 NAMES OF REPORTING PERSONS. Khosla Ventures Seed B (CF), L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 1,373,315 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 1,373,315 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,373,315 shares (see Attachment A) 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% (see Attachment A) 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No. 773122106 13D 1 NAMES OF REPORTING PERSONS. Khosla Ventures Seed Associates B, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 25,566,579 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 25,566,579 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 25,566,579 shares (see Attachment A) 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.2% (see Attachment A) 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO CUSIP No. 773122106 13D 1 NAMES OF REPORTING PERSONS. Khosla Ventures V, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 37,823,617 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISP

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