---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-24-000397"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:46:42.393251+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001819848-24-000397
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000397/0001819848-24-000397-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000397/joby-20241001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-24-000397
- JSON: https://secwatch.observer/filing/0001819848-24-000397.json
- Plain text: https://secwatch.observer/filing/0001819848-24-000397.txt

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