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Joby Aviation | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Mark Pincus(4.7%),Reid Hoffman(4.3%), etc.

SEC announcement ·  Feb 12 16:23
Summary by Moomoo AI
Joby Aviation, Inc. has filed an amended Schedule 13G with the United States Securities and Exchange Commission on February 12, 2024, indicating changes in the ownership stakes held by significant investors. Reinvent Sponsor LLC, Reid Hoffman, and Mark Pincus are the reporting persons involved in this filing. The amendment reports that Reinvent Sponsor LLC holds 28,663,333 shares of Joby Aviation's common stock, which includes both directly held shares and shares issuable upon exercise of private placement warrants. Reid Hoffman and Mark Pincus, due to their relationships with Reinvent Sponsor LLC, may be deemed to beneficially own these shares but disclaim beneficial ownership except to the extent of their pecuniary interest. The shares in question are subject to vesting conditions and lock-up restrictions...Show More
Joby Aviation, Inc. has filed an amended Schedule 13G with the United States Securities and Exchange Commission on February 12, 2024, indicating changes in the ownership stakes held by significant investors. Reinvent Sponsor LLC, Reid Hoffman, and Mark Pincus are the reporting persons involved in this filing. The amendment reports that Reinvent Sponsor LLC holds 28,663,333 shares of Joby Aviation's common stock, which includes both directly held shares and shares issuable upon exercise of private placement warrants. Reid Hoffman and Mark Pincus, due to their relationships with Reinvent Sponsor LLC, may be deemed to beneficially own these shares but disclaim beneficial ownership except to the extent of their pecuniary interest. The shares in question are subject to vesting conditions and lock-up restrictions, with the last of these restrictions expiring by August 10, 2026. The filing also includes the individual holdings of Reid Hoffman and Mark Pincus, with Hoffman beneficially owning 30,738,689 shares, representing 4.3% of the class, and Pincus owning 33,013,333 shares, representing 4.7% of the class. The total number of outstanding shares of Joby Aviation's common stock is reported to be 707,852,778 as of October 31, 2023.

This announcement is a separate document:

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