[8-K/A] Rocket Companies, Inc. Amends Material Event Report

Rhea-AI Filing Summary

Rocket Companies, Inc. (NYSE: RKT) has filed an automatic shelf registration statement (Form S-3ASR) to cover up to 104,519 shares of its Class A common stock. The filing is strictly administrative and relates to the July 1, 2025 closing of Rocket’s all-stock acquisition of Redfin Corporation. At the effective time of the merger, Rocket assumed outstanding Redfin stock options granted under Redfin’s 2004 Equity Incentive Plan; this registration statement allows those options—now convertible into Rocket shares—to be exercised and the resulting shares to be freely resold.

Key elements of the prospectus

• Only 104,519 new shares are being registered, representing <~0.07% of Rocket’s 151.5 million Class A shares outstanding; any dilution is therefore de-minimis.
• The company will receive cash proceeds only if former Redfin optionees exercise with cash; any such proceeds will be used for unspecified general corporate purposes.
• Rocket remains a large accelerated filer and the registration becomes automatically effective under Rule 462(e), giving the company flexibility to issue the covered shares without further SEC review.
• A detailed risk-factor section reiterates existing macro, interest-rate, cybersecurity, AI-regulatory and concentration-of-control risks, and highlights integration execution risks for both the Redfin and pending Mr. Cooper acquisitions.
• The filing leaves Rocket’s dual-class share structure intact; founder Dan Gilbert continues to hold majority voting control through Class L shares.

This registration does not raise new capital, change capital structure, or alter strategic guidance; it simply completes a technical requirement tied to the Redfin deal and keeps Rocket in compliance with SEC resale rules for assumed employee equity awards.

Positive

• Redfin acquisition officially closed, removing transaction-completion uncertainty and allowing integration to commence.
• Immaterial dilution: only 104,519 additional shares (<~0.07% of Class A) are being registered.
• Automatic shelf provides flexibility for Rocket to quickly facilitate option exercises without further SEC clearance.

Negative

• Persistent concentration of control: Dan Gilbert’s majority voting power and extended lock-ups remain unchanged.
• No incremental financial guidance or quantified synergy targets provided, offering limited insight into Redfin integration benefits.

Insights

Securities Analyst

TL;DR – Routine shelf to register 104.5k shares; immaterial dilution, signals Redfin deal closing.

From a capital-markets perspective, this Form S-3ASR is largely housekeeping. The 104,519 shares equate to roughly 0.07 % of Class A shares outstanding and less than 0.005 % of fully diluted shares when Class L is included—far below materiality thresholds for valuation models. Cash proceeds, if any, will be nominal and classified as operating cash inflow.

The more consequential datapoint is confirmation that the Redfin acquisition legally closed on July 1. Investors can now shift focus from transaction risk to integration execution. Management gains additional flexibility because an automatic shelf permits rapid issuance of registered securities in future if needed.

Risk language is expansive, echoing prior filings, and underscores integration, rate-sensitivity and Dan Gilbert control issues. No financial forecasts or updated synergy targets are provided, so there is no new information to adjust earnings estimates. Overall impact is neutral.

Corporate Governance Expert

TL;DR – Filing formalizes employee-equity transition; control profile and dual-class issues persist.

The S-3ASR ensures that legacy Redfin employees can lawfully exercise their rollover options, aligning incentives post-merger. While administratively sound, the prospectus restates a governance framework dominated by founder Dan Gilbert—Class L shares can wield up to 79 % of voting power, and lock-ups extend through 2027. Such concentration may deter activist influence and prolong controlled-company exemptions on NYSE governance rules.

The document also embeds anti-takeover provisions (classified board, super-majority by-law amendments, Detroit HQ restriction) that reduce hostile-bid optionality. From a governance-risk lens, investors should weigh the benefits of strategic continuity against limited minority influence. Because these terms mirror prior disclosures, they do not shift risk, leaving the impact neutral.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported) June 30, 2025

Rocket Companies, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-39432	84-4946470
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1050 Woodward Avenue

Detroit, MI 48226

(Address of principal executive offices) (Zip Code)

(313) 373-7990

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Class A common stock, par value $0.00001 per share		RKT		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Explanatory Note

On June 30, 2025 (the “Closing Date”), Rocket Companies, Inc. (the “Company” or “Rocket”) completed the previously announced simplification of its organizational and capital structure pursuant to that certain Transaction Agreement, dated as of March 9, 2025 (as amended on April 7, 2025, the “Transaction Agreement”), by and among the Company, Rock Holdings Inc., a Michigan corporation (“RHI”), Eclipse Sub, Inc., a Michigan corporation and a direct wholly owned subsidiary of the Company, Rocket GP, LLC, a Michigan limited liability company and a direct wholly owned subsidiary of the Company, Mr. Daniel Gilbert, its founder and Chairman, and RHI II, LLC, a Michigan limited liability company and a direct wholly owned subsidiary of RHI . As a result of the completion of the simplification, the Company collapsed its “Up-C” structure, eliminated its high-vote / low-vote structure and reduced its classes of common stock from four to two (the “Up-C Collapse”). In addition to simplifying the Company’s organizational structure and creating a clearer corporate profile, the Up-C Collapse will improve the Company’s ability to use its common stock as acquisition currency in acquisition transactions, including the previously announced acquisition of Redfin Corporation (“Redfin” and, such acquisition, the “Redfin Acquisition”) and the previously announced acquisition of Mr. Cooper Group Inc. (“Mr. Cooper” and, such acquisition, the “Mr. Cooper Acquisition” and, together with the Up-C Collapse and the Redfin Acquisition, the “Transactions”), and enhance equity liquidity.

The consummation of the Up-C Collapse was a condition to closing of the Redfin Acquisition and a condition to closing of the Mr. Cooper Acquisition. The Redfin Acquisition was completed on July 1, 2025. The consummation of the Mr. Cooper Acquisition remains subject to certain other customary closing conditions.

This Current Report on Form 8-K/A amends the Current Report on Form 8-K filed by the Company on June 30, 2025 (the “Original Form 8-K”) to include the pro forma financial information of the Company required by Item 9.01(b). The Company had previously indicated in the Original Form 8-K that such pro forma information would be provided no later than 71 days from the date on which the Original Form 8-K was required to be filed.

Item 9.01 Financial Statements and Exhibits.

(b) Pro forma financial information.

The unaudited pro forma condensed combined balance sheet of the Company as of March 31, 2025 and the unaudited pro forma condensed combined statement of income (loss) for the three months ended March 31, 2025 and for the year ended December 31, 2024, giving effect to the Transactions, among others, are filed as Exhibit 99.2 to this Current Report on Form 8-K and are incorporated by reference herein.

(d) Exhibits.

Exhibit No.		Description
99.2		Unaudited pro forma condensed combined financial statements of the Company (incorporated herein by reference to Exhibit 99.2 to the Company’s Current Report on Form 8-K, filed on July 1, 2025 (File No. 001-39432)).
104		The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

Forward-Looking Statements

This communication contains statements herein regarding the proposed transaction between Rocket and Mr. Cooper Group Inc. (“Mr. Cooper”). Future financial and operating results; benefits and synergies of the transaction; future opportunities for the combined company; the conversion of equity interests contemplated by the Agreement and Plan of Merger (the “Merger Agreement”) entered into by Rocket and Mr. Cooper on March 31, 2025; the issuance of common stock of Rocket contemplated by the Merger Agreement; the expected timing of the closing of the proposed transaction; the ability of the parties to complete the proposed transaction considering the various closing conditions and any other statements about future expectations that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements in this communication, other than statements of historical fact, are forward-looking statements that may be identified by the use of words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. Such forward-looking statements are based upon current beliefs, expectations and discussions related to the proposed transaction and are subject to significant risks and uncertainties that could cause actual results to differ materially from the results expressed in such statements.

Risks and uncertainties include, among other things, (i) the risk that the proposed transaction may not be completed in a timely basis or at all, which may adversely affect Rocket’s and Mr. Cooper’s businesses and the price of their respective securities; (ii) the potential failure to receive, on a timely basis or otherwise, the required approvals of the proposed transaction, including stockholder approval by Mr. Cooper’s stockholders, and the potential failure to satisfy the other conditions to the consummation of the proposed transaction; (iii) the effect of the announcement, pendency or completion of the proposed transaction on each of Rocket’s or Mr. Cooper’s ability to attract, motivate, retain and hire key personnel and maintain relationships with others with whom Rocket or Mr. Cooper does business, or on Rocket’s or Mr. Cooper’s operating results and business generally; (iv) that the proposed transaction may divert management’s attention from each of Rocket’s and Mr. Cooper’s ongoing business operations; (v) the risk of any legal proceedings related to the proposed transaction or otherwise, including the risk of stockholder litigation in connection with the proposed transaction, or the impact of the proposed transaction thereupon, including resulting expense or delay; (vi) that Rocket or Mr. Cooper may be adversely affected by other economic, business and/or competitive factors; (vii) the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, including in circumstances which would require payment of a termination fee; (viii) the risk that restrictions during the pendency of the proposed transaction may impact Rocket’s or Mr. Cooper’s ability to pursue certain business opportunities or strategic transactions; (ix) the anticipated tax treatment of the proposed transaction may not be obtained, risks associated with third party contracts containing consent and/or other provisions that may be triggered by the proposed transaction; (x) the risk that the anticipated benefits and synergies of the proposed transaction may not be fully realized or may take longer to realize than expected; (xi) the impact of legislative, regulatory, economic, competitive and technological changes; (xii) risks relating to the value of Rocket securities to be issued in the proposed transaction; (xiii) the risk that integration of the Rocket and Mr. Cooper businesses post-closing may not occur as anticipated or the combined company may not be able to achieve the anticipated synergies expected from the proposed transaction, and the costs associated with such integration; and (xiv) the effect of the announcement, pendency or completion of the proposed transaction on the market price of the common stock of each of Rocket and Mr. Cooper.

These risks, as well as other risks related to the proposed transaction, are more fully described in a registration statement on Form S-4 (the “Registration Statement”) filed by Rocket with the Securities and Exchange Commission (the “SEC”) on April 29, 2025 in connection with the proposed transaction. While the list of factors presented here and the list of factors presented in the Registration Statement are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Additional factors that may affect future results are contained in each company’s filings with the SEC, including each company’s most recent Annual Report on Form 10-K and Form 10-K/A, as it may be updated from time to time by quarterly reports on Form 10-Q and current reports on Form 8-K, all of which are available at the SEC’s website http://www.sec.gov. The information set forth herein speaks only as of the date hereof, and any intention or obligation to update any forward-looking statements as a result of developments occurring after the date hereof is hereby disclaimed.

Important Information for Investors and Stockholders

In connection with the proposed transaction, Rocket filed with the SEC the Registration Statement, containing a prospectus and information statement of Rocket and a proxy of Mr. Cooper (the “Joint Proxy and Information Statement/Prospectus”). After the Registration Statement has been declared effective by the SEC, the Joint Proxy and Information Statement/Prospectus will be delivered to stockholders of Rocket and Mr. Cooper. Rocket and Mr. Cooper may also file other documents with the SEC regarding the proposed transaction. This document is not a substitute for the Joint Proxy and Information Statement/Prospectus or Registration Statement or any other document which Rocket or Mr. Cooper may file with the SEC. INVESTORS AND SECURITYHOLDERS OF ROCKET AND MR. COOPER ARE URGED TO READ THE REGISTRATION STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE JOINT PROXY AND INFORMATION STATEMENT/PROSPECTUS THAT IS PART OF THE REGISTRATION STATEMENT, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ROCKET, MR. COOPER, THE COMPANIES’ PROPOSED TRANSACTION AND RELATED MATTERS. Investors and securityholders of Rocket and Mr. Cooper may obtain copies of the Registration Statement and the Joint Proxy and Information Statement/Prospectus, as well as other filings with the SEC that are incorporated by reference into such documents, containing information about Rocket and Mr. Cooper, without charge, at the SEC’s website (http://www.sec.gov).

Copies of the documents filed with the SEC by Rocket are available free of charge under the SEC Filings heading of the Investor Relations section of Rocket’s website at ir.rocketcompanies.com. Copies of the documents filed with the SEC by Mr. Cooper are available free of charge under the SEC Filings heading of the Investor Relations section of Mr. Cooper’s website investors.mrcoopergroup.com.

Participants in the Solicitation

Rocket and Mr. Cooper and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from Mr. Cooper’s stockholders in respect of the transaction under the rules of the SEC. Information regarding Rocket’s directors and executive officers is available in Rocket’s Annual Report on Form 10-K for the year ended December 31, 2024, as amended by Form 10-K/A Amendment No. 1 (the “Rocket 10-K/A”) filed with the SEC on April 28, 2025, and other documents subsequently filed by Rocket with the SEC, which can be obtained free of charge through the website maintained by the SEC at http://www.sec.gov. Any changes in the holdings of the Rocket’s securities by Rocket’s directors or executive officers from the amounts described in the Rocket 10-K/A have been reflected in Statements of Change in Ownership on Form 4 filed with the SEC subsequent to the filing date of the Rocket 10-K/A and are available at the SEC’s website at www.sec.gov. Information regarding Mr. Cooper’s directors and executive officers is available in Mr. Cooper’s Annual Report on Form 10-K for the year ended December 31, 2024 and Mr. Cooper’s proxy statement, dated April 10, 2025, for its 2025 annual meeting of stockholders (the “Mr. Cooper 2025 Proxy”), which can be obtained free of charge through the website maintained by the SEC at http://www.sec.gov. Please refer to the sections captioned “Compensation Discussion and Analysis”; “Historical Executive Compensation Information”; “Proposal 2: Advisory Vote on Say on Pay” and “Beneficial Ownership” in the Mr. Cooper 2025 Proxy. Any changes in the holdings of Mr. Cooper’s securities by Mr. Cooper’s directors or executive officers from the amounts described in the Mr. Cooper 2025 Proxy have been reflected in Statements of Change in Ownership on Form 4 filed with the SEC subsequent to the filing date of the Mr. Cooper 2025 Proxy and are available at the SEC’s website at www.sec.gov. Additional information regarding the interests of such participants is included in the Registration Statement, containing the Joint Proxy and Information Statement/Prospectus and other relevant materials to be filed with the SEC.

No Offer or Solicitation

This communication is for informational purposes only and is not intended to, and shall not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 1, 2025

	ROCKET COMPANIES, INC.
	By:	/s/ Noah Edwards
	Name:	Noah Edwards
	Title:	Chief Accounting Officer

FAQ

Why did Rocket Companies (RKT) file a Form S-3ASR on July 1 2025?

The filing registers 104,519 Class A shares issuable upon exercise of stock options assumed from Redfin after the merger closed on July 1 2025.

How many Rocket shares are being registered and what is the dilution percentage?

104,519 shares, representing roughly 0.07 % of the 151.5 million outstanding Class A shares—an immaterial level of dilution.

Will Rocket receive cash from this registration?

Only if former Redfin option holders exercise with cash; any proceeds will be used for general corporate purposes.

Is the Redfin acquisition completed?

Yes. The merger closed at the "Effective Time" on July 1 2025, making Redfin a wholly owned subsidiary of Rocket.

What risks does Rocket highlight in the prospectus?

Key risks include interest-rate sensitivity, cybersecurity, AI regulation, integration challenges, and founder control over voting power.

Where is Rocket’s Class A stock listed and under what ticker?

Shares trade on the New York Stock Exchange under the symbol “RKT”.

What happens to the Class A shares if the options are not exercised?

Unexercised options expire per their original terms; no shares are issued and no dilution occurs.