---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-26-000190"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:59:39.001424+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Joby Aviation completes $61.5M acquisition of 728,000 sq ft Ohio facility; secures $30.75M loan

## Summary
- Acquired ~728,000 sq ft manufacturing facility at 1669 Capstone Way, Vandalia, Ohio for $61.5M.
- Funded via $30.75M loan from B UL LLC; interest-only, 10-year term at fixed rate of 6.784%.
- Loan secured by mortgage on property and pledge of PropCo membership interest; subsidiary PropCo is borrower.
- Acquisition supports Joby's build-out of aircraft production capacity.

## SEC filing metadata
- accession: 0001819848-26-000190
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984826000190/0001819848-26-000190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984826000190/joby-20260306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-26-000190
- JSON: https://secwatch.observer/filing/0001819848-26-000190.json
- Plain text: https://secwatch.observer/filing/0001819848-26-000190.txt

## Source-grounded claims
- claim_id: 567c661b35ba3adba8f091646c06ac9a6b68cced
  claim: Joby Aviation, Inc. incurred loan of $30,750,000 with B UL LLC maturing ten (10) year term.
  evidence_excerpt: (“ Aero ”), and an indirect wholly-owned subsidiary of Joby Aviation, Inc., (the “ Company ”), entered into a Loan Agreement (“ Loan Agreement ”) with B UL LLC (“ Lender ”), pursuant to which Lender agreed to lend to PropCo and PropCo agreed to borrow from Lender $30,750,000 (the “ Loan ”) in connection with the acquisition of property described below in Item 2.01 (the “ Property ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984826000190/0001819848-26-000190-index.htm
- claim_id: efed4dc8ca3a40496c148af6002f61c232149908
  claim: Joby Aviation, Inc. completed an acquisition involving Capstone STS, LLC for $61,500,000 (closed 2026-03-06).
  evidence_excerpt: On March 6, 2026, Aero completed the previously disclosed purchase of certain real property, improvements and other assets (the “ Property ”) from Capstone STS, LLC, a Texas limited liability company, for a purchase price of $61,500,000 (the “ Purchase Price ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984826000190/0001819848-26-000190-index.htm
- claim_id: 35aaccc30c5853d89cce06219e4ad7b55babacb0
  claim: Joby Aviation, Inc. entered into Loan Agreement with B UL LLC valued at $30,750,000 (effective 2026-03-06).
  evidence_excerpt: On March 6, 2026, 1669 Capstone Way, LLC (“ PropCo ”), a Delaware limited liability company and wholly-owned subsidiary of Joby Aero, Inc. (“ Aero ”), and an indirect wholly-owned subsidiary of Joby Aviation, Inc., (the “ Company ”), entered into a Loan Agreement (“ Loan Agreement ”) with B UL LLC (“ Lender ”), pursuant to which Lender agreed to lend to PropCo and PropCo agreed to borrow from Lender $30,750,000 (the “ Loan ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984826000190/0001819848-26-000190-index.htm

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