Loading...
Market
Will Joby Aviation complete the sale of $300M in common stock by 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Joby Aviation's financial statements or press releases
Story
Joby Aviation Enters $300M Equity Distribution Agreement with Morgan Stanley, Allen & Co. Ahead of eVTOL Release
Dec 10, 2024, 09:13 PM
Joby Aviation has entered into an equity distribution agreement allowing for the sale of up to $300 million in common stock. The agreement involves financial institutions Morgan Stanley and Allen & Co. as agents, who will receive a 3% commission on gross sales. The sales will occur over time without any specific obligation to sell a predetermined amount. This move is part of Joby’s strategy as it prepares for the commercial release of its electric vertical takeoff and landing (eVTOL) aircraft in 2025.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Below $1 billion • 25%
$1 billion to $5 billion • 25%
$5 billion to $10 billion • 25%
Above $10 billion • 25%
Above $10 billion • 25%
Between $5 billion and $10 billion • 25%
Between $1 billion and $5 billion • 25%
Below $1 billion • 25%
Below $6 • 25%
$6 - $8 • 25%
$8 - $10 • 25%
Above $10 • 25%
Yes • 50%
No • 50%
