other material
confidence high
sentiment neutral
materiality 0.60
Joby Aviation prices 40M share offering at $5.05, raises ~$222M for certification and manufacturing
Joby Aviation, Inc.
- Offering of 40M shares at $5.05 per share; underwriters' option for 6M additional shares exercised in full.
- Net proceeds estimated at $221.8M after underwriting discounts and expenses.
- Proceeds to fund certification, manufacturing efforts, commercial operations, and general corporate purposes.
- Underwriting agreement with Morgan Stanley & Co. and Allen & Company; offered via Form S-3 shelf registration.