Joby Aviation (JOBY) Launches $200M Public Offering of Common Stock
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Joby Aviation, Inc. Launches Public Offering of Common Stock
October 24, 2024 4:19 PM EDTSANTA CRUZ, Calif.--(BUSINESS WIRE)-- Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced today that it has launched an underwritten public offering to sell up to $200.0 million of its shares of common stock. All of the shares of common stock are being offered by Joby. In addition, Joby intends to grant the underwriters a 30-day option to purchase up to an additional $30.0 million of its shares of common stock. Joby currently intends to use the net proceeds that it will receive from the offering,... More
