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Joby Aviation (Reinvent Technology Partners) Priced, NYSE: JOBY

Blank check company formed by LinkedIn co-founder and Zynga founder targeting tech (completed 8/10/2021).

Industry: SPAC

First Day Return: +11.0%

Industry: SPAC

We are a newly incorporated blank check company. Reid Hoffman, Mark Pincus, and Michael Thompson have established Reinvent Technology Partners, a newly formed blank check company, to partner with a technology business to innovate and achieve entrepreneurship at scale by leveraging their operating expertise as founders of iconic technology companies, their experience building companies as advisors and board members, and the capital raised in this offering. Following the business combination, Mr. Hoffman, Mr. Pincus, and Mr. Thompson seek to serve as long-term partners with the Chief Executive Officer and management team of the newly combined company to grow the business as a public company and build an industry leader. In 2018, Mr. Hoffman, Mr. Pincus, and Mr. Thompson co-founded that management company, Reinvent Capital. We believe that the large quantity of late-stage private technology companies, against a backdrop of continued macroeconomic uncertainty and volatility, creates an ideal environment for our blank-check company and the differentiated advantages we bring to a potential target.
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IPO Data
IPO File Date 08/31/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 60.0
Deal Size ($mm) $600
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/16/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $600
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 2

Joby Aviation (Reinvent Technology Partners) (JOBY) Performance