Mergers & Acquisitions ·
Churchill Capital Corp XI shareholders approve $465M merger with Agility Robotics, triggering ~$261.8M in redemptions
CCXIChurchill Capital Corp XI
Shareholders of Churchill Capital Corp XI approved the business combination with Agility Robotics and all related proposals at an extraordinary general meeting on November 2, 2026. The transaction is expected to close on November 4, 2026, with combined company common stock beginning Nasdaq trading under the ticker "AGLT" on November 5, 2026. Approximately $261.8 million will be removed from Churchill’s trust account to pay redeeming shareholders, leaving approximately $164.1 million in proceeds. Combined with a $201.0 million private placement and $100 million of existing equity funding, Agility’s gross capital raise is expected to total approximately $465.1 million before transaction expenses. Churchill also effected a domestication from the Cayman Islands to Delaware, renaming the continuing entity Agility Robotics, Inc. Agility Robotics develops humanoid robots for commercial deployment.