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Joby Aviation, Inc.

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These are publicly traded warrants that give holders the right to purchase shares of Joby Aviation common stock at a predetermined exercise price until expiration. Each warrant typically allows the purchase of one share of JOBY stock, subject to the specific terms outlined in the warrant agreement. Warrants are derivative securities that provide leverage to Joby Aviation's stock price movements, offering potential for amplified returns but also carrying higher risk. Investors should review the exercise price, expiration date, and redemption provisions before trading these instruments.