Mergers & Acquisitions ·
Churchill Capital Corp XI entered into a Merger Agreement with Agility Robotics, Inc. to effect a business combination…
CCXIChurchill Capital Corp XI
Churchill Capital Corp XI entered into a Merger Agreement with Agility Robotics, Inc. to effect a business combination transaction. The transaction is based on a pre-money equity value of $2,500,000,000 and includes a $200 million PIPE investment. Churchill will domesticate as a Delaware corporation and change its name to Agility Robotics, Inc. upon completion of the merger. Churchill Capital Corp XI is a special purpose acquisition company operating in the financial services industry through business combinations.