Joby Aviation (JOBY) to remove redeemable warrants from NYSE listing
Rhea-AI Filing Summary
Joby Aviation, Inc. is removing its Redeemable Warrants from listing and registration on the New York Stock Exchange. These warrants are each exercisable for one share of common stock at an exercise price of $11.50.
The New York Stock Exchange states it has complied with its rules to strike this class of securities from listing and/or withdraw registration, and Joby Aviation has complied with the Exchange’s rules and SEC requirements governing the voluntary withdrawal of this warrant class from listing and registration.
Positive
- None.
Negative
- None.
Key Figures
Warrant exercise price: $11.50 per share
1 metrics
Warrant exercise price
$11.50 per share
Each redeemable warrant exercisable for one share of common stock
Key Terms
Redeemable Warrants, voluntary withdrawal, Section 12(b) of the Securities Exchange Act of 1934, 17 CFR 240.12d2-2
4 terms
Redeemable Warrants financial
"Redeemable Warrants, each whole warrant exercisable for one share"
A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities"
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"registration under Section 12(b) of the Securities Exchange Act of 1934"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Joby Aviation (JOBY) change regarding its listed securities?
Joby Aviation is removing its Redeemable Warrants from listing and registration on the New York Stock Exchange. The common stock is not referenced in this action, which specifically targets the warrant class.
Which Joby Aviation (JOBY) securities are affected by this Form 25 filing?
The affected securities are Redeemable Warrants, with each whole warrant exercisable for one share of common stock at an exercise price of $11.50. The filing concerns only this class of warrants.
Is Joby Aviation’s Form 25 warrant delisting voluntary?
Yes. The filing states Joby Aviation has complied with Exchange rules and 17 CFR 240.12d2-2(c), which govern the voluntary withdrawal of a class of securities from listing and registration.
What role did the New York Stock Exchange play in Joby Aviation’s warrant removal?
The New York Stock Exchange certifies it has complied with its rules to strike the warrant class from listing and/or withdraw registration, and that it meets the requirements to file Form 25 for these Joby Aviation warrants.
What is the exercise price of Joby Aviation’s redeemable warrants being delisted?
Each Redeemable Warrant is exercisable for one share of Joby Aviation common stock at an exercise price of $11.50. This term applies to the warrants subject to removal from NYSE listing and registration.