Toyota to invest up to $500M in Joby Aviation at $5.03 per share

Joby Aviation, Inc.

Up to $500M invested by Toyota at $5.03/sh in two equal $250M tranches of 99.4M total shares.
First tranche subject to CFIUS approval, HSR clearance, NYSE listing, and corporate governance changes.
Second tranche also requires strategic alliance agreement on manufacturing and stockholder approval of charter amendment.
Proceeds to support certification efforts and commercial production of electric air taxi.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.