Joby Aviation amends bylaws to replace citizenship voting cap, add FAA compliance rules

Joby Aviation, Inc.

Removed suspension of voting rights for non-US citizens when combined voting exceeds 25%.
Added requirement to comply with FAA Part 135 operating certificate regulations.
Enhanced disclosure for stockholder nominations, including derivative ownership and Rule 14a-19 compliance.
Clarified procedures for special meetings and annual meeting business notices.
Other administrative and conforming changes effective January 22, 2025.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Joby Aviation, Inc.: Amended and restated bylaws, replacing citizenship-based voting suspension with FAA compliance requirement and making other clarifications and enhancements (effective 2025-01-22).

Change: bylaw amendment
Effective: 2025-01-22

Exact text from the filing

On January 22, 2025, the Board of Directors (the “ Board ”) of Joby Aviation, Inc. (the “ Company ”) approved and adopted amended and restated bylaws of the Company (the “ Amended and Restated Bylaws ”), effective immediately.

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Joby Aviation, Inc. filing history →

Source: SEC EDGAR

accession 0001819848-25-000106

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