---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-22-000190"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:50:40.476519+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Joby Aviation subsidiary agrees to buy 162,000 sq ft Santa Cruz property for $25.5M

## Summary
- Purchase price $25.5M for five buildings totaling ~162,000 sq ft at 345 Encinal Street, Santa Cruz.
- Deposit of $400,000; if buyer defaults, deposit forfeited as liquidated damages.
- Closing expected on November 30, 2022; Plantronics leasing back a portion for up to 12 months.
- Transaction financed with cash; allocation: $25.296M real property, $204K personal property.

## SEC filing metadata
- accession: 0001819848-22-000190
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984822000190/0001819848-22-000190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984822000190/joby-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-22-000190
- JSON: https://secwatch.observer/filing/0001819848-22-000190.json
- Plain text: https://secwatch.observer/filing/0001819848-22-000190.txt

## Key facts
- Material Agreements
  Joby Aviation, Inc. entered into Purchase and Sale Agreement with Frederick Electronics Corporation and Plantronics, Inc. valued at $25,500,000 (effective 2022-11-04).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Frederick Electronics Corporation and Plantronics, Inc.
  - Value: $25,500,000
  - Effective: 2022-11-04
  source text: On November 4, 2022, Joby Aero, Inc., a wholly-owned subsidiary of Joby Aviation, Inc., (the “Company”) entered into a Purchase and Sale Agreement (the “Agreement”) with Frederick Electronics Corporation, a Maryland corporation (“Frederick”) and Plantronics, Inc., a Delaware corporation (“Plantronics” and, together with Frederick, the “Seller”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984822000190/0001819848-22-000190-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.