Joby Aviation Inc.
Joby Aviation Announces Common Stock and Convertible Note Offerings
Summary
Joby Aviation, Inc. announced on January 28, 2026, that it entered into underwriting agreements for the issuance and sale of 52,863,437 shares of its common stock and $600,000,000 principal amount of 0.75% Convertible Senior Notes due 2032. The common stock issuance was completed on February 2, 2026, and the notes issuance was completed on the same day after the note underwriters exercised an option to purchase an additional $90,000,000 principal amount of notes. The notes will accrue interest at a rate of 0.75% per annum, payable semi-annually, and will mature on February 15, 2032. Additionally, the company disclosed preliminary unaudited financial information for the year ended December 31, 2025, reporting an estimated $1,407.9 million of cash, cash equivalents, and short-term investments as of that date.
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About Joby Aviation Inc.
Joby Aviation Inc. is a pioneering aviation company focused on developing advanced air mobility solutions. Its primary mission is to create electric vertical takeoff and landing (eVTOL) aircraft designed to transform urban transportation. By leveraging cutting-edge technology and sustainable practices, Joby aims to offer a new mode of travel that significantly reduces urban congestion and carbon emissions. This innovative approach holds the potential to revolutionize the transportation industry by providing efficient, eco-friendly urban air taxi services. Joby Aviation has made significant strides in electric aviation technology, impacting sectors such as aerospace, transportation, and renewable energy. The company's eVTOL aircraft are engineered for safety, performance, and reliability, targeting both commercial and commuter markets. As part of the rapidly evolving air mobility sector, Joby is gaining attention for its potential to redefine how passengers transit within cities, marking a significant advancement toward reducing ground-based traffic. With backing from notable investors and partnerships with key industry players, Joby Aviation plays a critical role in the quest for sustainable and innovative transportation solutions, influencing future mobility trends.
Official SEC Documents
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