other material
confidence high
sentiment neutral
materiality 0.65
Joby Aviation enters $300M at-the-market equity offering with Morgan Stanley and Allen & Co
Joby Aviation, Inc.
- Up to $300M of common stock may be sold under the Equity Distribution Agreement dated Dec 10, 2024.
- Managers receive a 3.0% aggregate commission on gross proceeds from sales.
- Offering conducted as an at-the-market program under existing shelf registration (S-3 filed Oct 24, 2024).
- Prospectus supplement filed Dec 10, 2024; proceeds not specified for any particular use.