Agility Robotics to go public via $2.5 billion SPAC merger with Churchill Capital Corp XI

Corporate Action Impact 4
โดย Business Wire·Read original
Summary · why it matters

Agility Robotics has agreed to go public through a merger with Churchill Capital Corp XI in a deal that values the humanoid robotics company at a pre-money equity value of $2.5 billion. The transaction is expected to provide more than $620 million in gross proceeds, including $420 million from Churchill XI's trust account and approximately $200 million from a common stock PIPE priced at $10 per share. Agility, whose Digit robot is already deployed with enterprises such as Schaeffler, GXO, and Toyota Motor Manufacturing Canada, has secured more than $300 million in multi-year orders for its next-generation Digit v5. The company plans to use the proceeds to fulfill existing orders, expand commercial deployments, scale production of Digit v5, and continue investing in its integrated platform. Upon closing, the combined company will operate as Agility and list on a major North American exchange under the ticker symbol AGLT.

Impact on stocks 6

Robotics & Physical AI▲ · 3 stocks
Financials▲ · 1 stocks
Churchill Capital Corp XI
CCXI
▲ PositiveCapitalrelevance

Churchill Capital Corp XI is the SPAC merging with Agility Robotics, providing proceeds and a path to public listing.

Electrification & Mobility▲ · 1 stocks
Industrials▲ · 1 stocks

Theme Impact 1

Off-coverage companies 1

Agility RoboticsPrivate▲ Positive
Capitalrelevance

Agility Robotics is going public via SPAC merger, raising over $620 million in gross proceeds.

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