Mergers & Acquisitions ·
Agility Robotics and Churchill Capital Corp XI Announce Expected Gross Capital Raise of Approximately $465 Million
CCXIChurchill Capital Corp XI
Churchill Capital Corp XI and Agility Robotics announced that, following the expiration of the redemption deadline for their proposed business combination, Agility's gross capital raise is expected to be approximately $465 million before transaction expenses. The proceeds include approximately $164 million from Churchill XI’s trust account, about $201 million from a common stock PIPE led by Foxconn at $10 per share, and $100 million of equity funding already received. Subject to shareholder approval at an extraordinary general meeting on November 2, 2026, the transaction is expected to close on November 4, 2026, with combined shares trading under the ticker "AGLT" starting November 5, 2026. Agility Robotics develops humanoid robots for commercial deployment.