---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-25-000352"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T11:18:00.114670+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Joby Aviation closes $250M first tranche of Toyota investment; expands manufacturing pact

## Summary
- Issued 49.7M shares at $5.03 to Toyota for $250M upon removing a services-agreement closing condition.
- Second Amended Collaboration Agreement deepens Toyota's role as preferred manufacturing partner for eVTOL.
- Parties will explore low-volume commercial manufacturing and collaborate on design, supply, and MRO services.
- Funds to support certification and commercial production of electric air taxi.

## SEC filing metadata
- accession: 0001819848-25-000352
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000352/0001819848-25-000352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000352/joby-20250522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-25-000352
- JSON: https://secwatch.observer/filing/0001819848-25-000352.json
- Plain text: https://secwatch.observer/filing/0001819848-25-000352.txt

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