Khosla Ventures Adjusts Rocket Lab Stake

TL;DR

Khosla Ventures Seed B, L.P. updated their Rocket Lab stake to 3.4% (10M shares) as of Aug 14, 2024.

AI Summary

On August 14, 2024, Khosla Ventures Seed B, L.P. filed an amendment (No. 4) to its Schedule 13D regarding Rocket Lab USA, Inc. The filing indicates a change in beneficial ownership, with Khosla Ventures Seed B, L.P. now holding 10,000,000 shares of common stock, representing approximately 3.4% of the outstanding shares. This filing is an update to their previous disclosures.

Why It Matters

This filing signals a potential shift in significant shareholder holdings or strategy for Rocket Lab USA, Inc., which could influence market perception and stock performance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership by significant investors can indicate shifts in confidence or strategy, potentially impacting the stock price.

Key Numbers

• 10,000,000 — Shares Held (Beneficial ownership by Khosla Ventures Seed B, L.P.)
• 3.4% — Ownership Percentage (Represents the stake of Khosla Ventures Seed B, L.P. in Rocket Lab USA, Inc.)

Key Players & Entities

• Khosla Ventures Seed B, L.P. (company) — Filing entity
• Rocket Lab USA, Inc. (company) — Subject company
• 10,000,000 (dollar_amount) — Number of shares held
• 3.4% (dollar_amount) — Percentage of shares held
• August 14, 2024 (date) — Filing date
• John Demeter (person) — Contact person for Khosla Ventures

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
• $28.2 million — gregate purchase price of approximately $28.2 million. All such shares were acquired with wor
• $50 million — have a total offering price of at least $50 million. Such demand registration rights are su

Filing Documents

• d890664dsc13da.htm (SC 13D/A) — 160KB
• d890664dex991.htm (EX-99.1) — 8KB
• 0001193125-24-200809.txt ( ) — 170KB

From the Filing

SC 13D/A 1 d890664dsc13da.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. 4)* 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) August 14, 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 2,688,142 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 2,688,142 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,688,142 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) 0.5% (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 152,591 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 152,591 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 152,591 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) 0.0% (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 2,688,142 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 2,688,142 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,688,142 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) 0.6% (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