Americas

Joby Aviation launches $500 million stock offering

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Joby Aviation launches $500 million stock offering

Air taxi developer Joby Aviation has launched an underwritten offering of $500 million in common stock.In a new filing, the company said it will sell 30.5 million shares at an offering price of $16.85 per share, resulting in gross proceeds around $513.9 million.The firm granted the underwriter a 30-...

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