{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-004597","form_type":"8-K","ticker":"JOBY","cik":"0001819848","company_name":"Joby Aviation, Inc.","filed_at":"2026-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.331590+00:00","generated_at":"2026-05-16T05:42:37.259149+00:00","sec_items":["1.01","2.02","2.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Joby raises $690M in 0.75% convertible notes due 2032 and 52.9M shares; Dec 31 cash $1.41B","bullets":["Issued $690M principal of 0.75% Convertible Senior Notes due 2032; initial conversion price $14.19/share.","Sold 52.9M shares of common stock at $11.35/share (Delta Offering); underwriters have 30-day option for 7.9M more.","Entered capped call transactions costing $63.3M to reduce dilution; cap price $22.70/share.","Preliminary Dec 31, 2025 cash, cash equivalents and short-term investments were $1,407.9M.","Notes mature Feb 15, 2032; redeemable from Feb 20, 2029 if stock exceeds 130% of conversion price."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-004597","json":"https://secwatch.observer/filing/0001628280-26-004597.json","markdown":"https://secwatch.observer/filing/0001628280-26-004597.md","text":"https://secwatch.observer/filing/0001628280-26-004597.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/joby-20260128.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:42:37.259149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"437e9d13b31f4bc0cc3189b1a9be51ab5adaa213","claim":"Joby Aviation, Inc. incurred convertible notes of $690,000,000 with Wilmington Trust, National Association at 0.75% maturing February 15, 2032.","evidence_excerpt":"The issuance of $690,000,000 principal amount of Notes was completed on February 2, 2026. The Notes were issued pursuant to, and are governed by, an indenture","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$690,000,000"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"0.75%"},{"label":"Maturity","value":"February 15, 2032"},{"label":"Event","value":"incurrence"}]},{"claim_id":"374ceec063f26d0d72f103535fbd5cf09c3cc1e7","claim":"Joby Aviation, Inc. entered into Delta Offering Underwriting Agreement with Morgan Stanley & Co. LLC (effective 2026-01-28).","evidence_excerpt":"On January 28, 2026, the Company also entered into an underwriting agreement (the “Delta Offering Underwriting Agreement”) with Morgan Stanley & Co. LLC, as underwriter, relating to the offer and short sale of 5,286,343 shares of the Company’s common stock, borrowed from third parties in connection with the Note Offering to facilitate hedging transactions","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC"},{"label":"Effective","value":"2026-01-28"}]},{"claim_id":"aef087afa4f83806a02580a75409a6e2c52ad94a","claim":"Joby Aviation, Inc. entered into Common Stock Underwriting Agreement with certain underwriters (effective 2026-01-28).","evidence_excerpt":"On January 28, 2026, Joby Aviation, Inc. (the “Company”) entered into an underwriting agreement (the “Common Stock Underwriting Agreement”) with certain underwriters (the “Common Stock Underwriters\") agreeing, subject to customary conditions, to issue and sell 52,863,437 shares of the Company’s common stock to the Common Stock Underwriters (the “Common Stock Offering”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"certain underwriters"},{"label":"Effective","value":"2026-01-28"}]},{"claim_id":"ce0eb64f9ee11c62fc21f5ee69a5d614096b967a","claim":"Joby Aviation, Inc. entered into Indenture with Wilmington Trust, National Association (effective 2026-02-02).","evidence_excerpt":"The Notes were issued pursuant to, and are governed by, an indenture (the “Base Indenture”), dated as of February 2, 2026, between the Company and Wilmington Trust, National Association, as trustee (the “Trustee\"), as supplemented by a first supplemental indenture (the “Supplemental Indenture,” and the Base Indenture, as supplemented by the Supplemental Indenture, the “Indenture\"), dated as of February 2, 2026, between the Company and the Trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Effective","value":"2026-02-02"}]},{"claim_id":"dd53b46e2f55eada32aae1e97a5e5b310c0e683f","claim":"Joby Aviation, Inc. entered into Note Underwriting Agreement with certain underwriters valued at $600,000,000 principal amount (effective 2026-01-28).","evidence_excerpt":"On January 28, 2026, the Company also entered into an underwriting agreement (the “Note Underwriting Agreement”) with certain underwriters (the “Note Underwriters”) agreeing, subject to customary conditions, to issue and sell $600,000,000 principal amount of the Company’s 0.75% Convertible Senior Notes due 2032 (the “Notes”) (the “Note Offering”) to the Note Underwriters.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"certain underwriters"},{"label":"Value","value":"$600,000,000 principal amount"},{"label":"Effective","value":"2026-01-28"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}