Joby Aviation launches $500.5M public offering of 30.5M shares at $16.85/share

Joby Aviation, Inc.

Offering of 30,500,000 shares at $16.85 per share; net proceeds estimated at $500.5M.
Underwriter Morgan Stanley granted 30-day option for up to 4,575,000 additional shares.
Proceeds to fund certification, manufacturing, commercial operations, and working capital.
Expected closing on October 9, 2025.

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