Joby Aviation acquires 728,000 sq ft Ohio facility for $61.5M, financed with $30.8M loan
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JOBY / 8-K
- Mar 11, 2026
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NYSE: JOBY Joby Aviation, Inc. 8-K
Joby Aviation acquires 728,000 sq ft Ohio facility for $61.5M, financed with $30.8M loan
Filed March 11, 2026
- Period ending March 6, 2026
- ~1 min read
Key Changes
- high
Joby subsidiary completed purchase of 728,000 square foot industrial property in Vandalia, Ohio for $61.5 million on March 6, 2026, representing significant manufacturing capacity expansion.
Item 1.01 verify on EDGAR →
- high
Acquisition financed through $30.75 million senior secured loan to special-purpose subsidiary PropCo, with 10-year interest-only term at fixed rate tied to 10-year Treasury yield plus margin.
Item 2.03 verify on EDGAR →
- medium
Loan secured by mortgage on the property and pledge of subsidiary membership interests, with parent company Aero providing limited guarantees for bad-faith actions and environmental liabilities.
Item 1.01 verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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View original filing on SEC.gov
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- Narrative written by AI
- May 13, 2026
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