secwatch.observer — SEC 8-K summary
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Issuer:     Joby Aviation, Inc. (JOBY)
CIK:        0001819848
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001628280-26-004597
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Joby raises $690M in 0.75% convertible notes due 2032 and 52.9M shares; Dec 31 cash $1.41B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/0001628280-26-004597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819848/000162828026004597/joby-20260128.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-004597

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer