secwatch.observer — SEC 8-K summary
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Issuer:     Joby Aviation, Inc. (JOBY)
CIK:        0001819848
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001819848-22-000190
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819848/000181984822000190/0001819848-22-000190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819848/000181984822000190/joby-20221104.htm
  HTML page:      https://secwatch.observer/filing/0001819848-22-000190

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