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0 0 0 0 0.001257334450964 0.0113160100586756 0.000838222967309286 -0.00838222967309301
Stock impact report

Joby Aviation Prices Upsized Offering of Primary Common Stock and Upsized Offering of Convertible Senior Notes

Joby Aviation, Inc. (JOBY) 
Company Research Source: Business Wire
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, today announced the pricing of its concurrent public offerings of $600.0 million aggregate principal amount of 0.75% convertible senior notes due 2032 (the “notes”) (such offering, the “note offering”) and 52,863,437 shares of Joby’s common stock, $0.0001 par value per share (the “common stock”), at a public offering price of $11.35 per share (such offering, the “common stock offering”) and of the offering by Morgan Stanley, acting on behalf of itself and/or its affiliates (in such capacity, the “delta offering underwriter”), of 5,286,343 shares of Joby’s common stock, borrowed from third parties (such offering, the “delta offering”), to facilitate hedging transactions (whether physical sales and/or through privately negotiated derivatives transactions) by some of the investors of the notes. The delta offering underwriter will initially o Show less Read more
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