Rocket Companies completed its merger with Mr. Cooper Group on 10/1/2025. Mr. Cooper shareholders received 11 shares of Rocket Companies stock for each COOP share. The Rocket Companies Form S-4/A SEC filing for this merger can be found through the SEC EDGAR web site at:
https://www.sec.gov/Archives/edgar/data/1805284/000110465925070889/tm2513302-6_s4a.htm#TOC
In addition, a form 8937, with the tax consequences of this merger, is available on the Rocket website. The link to the 8937 is on this page:
https://ir.rocketcompanies.com/financials/IRSForm-8937/default.aspx

The companies intend to have the merger qualify as a non-taxable reorganization.
We will assume the IRS does not dispute this opinion and will treat this merger as a simple merger. The information below is based on the information available from a form S-4 filed with the SEC and IRS form 8937 available on the Rocket web site. Price information is from websites offering historical prices.

NOTE: The companies state they will endeavor to satisfy the conditions necessary to make this transaction non-taxable and may get legal advice that the transaction qualifies for nontaxable treatment. However, there is the possibility the IRS will disagree with their characterization. These instructions assume the companies succeed in their efforts. New instructions will be written, if and when, it becomes known the merger should be treated as a taxable event.

The Merger Entry Go to Accounting > Securities > Record merger of securities in myICLUB. If you are unfamiliar with merger transactions you can get help at this URL:
https://www.myiclub.com/faq/article.aspx?id=52

Here is the information needed to complete the merger entry in myICLUB.
Step 1

• Date: 10/1/2025
• Merging Company: Mr. Cooper Group (COOP)
• Number of daughter companies : 1 (keep this default)

Step 2

• Symbol of new company: RKT (Rocket Companies)
• Shares received : 11 x (# of COOP shares owned). (Remember to include fractional shares.) For example, if you owned 100 COOP shares, you should receive 11 x 100 = 1100 RKT shares.
• Price per share: 19.59 (Closing price on 10/1/2025)
• Cash received: See your broker statement for cash-in-lieu
• Any fractional share entered will be sold for the cash amount entered as part of the merger transaction. No need to enter a separate sell transaction. If no cash amount is entered, the fractional share will remain in your portfolio.

Click the Submit button and the merger transaction has been entered.