Summary by Moomoo AI
Joby Aviation, Inc., a company incorporated in Delaware and listed on the New York Stock Exchange under the symbol 'JOBY', filed a Form S-3 registration statement with the Securities and Exchange Commission on September 6, 2024. This filing pertains to the registration of 3,320,235 shares of common stock for resale, which were initially issued to a selling stockholder, XAir Holdings LLC, as part of an asset purchase agreement related to Joby Aviation's acquisition of certain assets. The shares were issued in a private placement exempt from registration under the Securities Act. Joby Aviation will not receive any proceeds from the sale of the shares by the selling stockholder, who may sell the shares from time to time in public or private transactions. The last reported sale price of Joby Aviation's common stock on September 5, 2024, was $4.83 per share.
