Agility Robotics wins SPAC vote, set to trade on Nasdaq as AGLT

Agility Robotics wins SPAC vote, set to trade on Nasdaq as AGLT

2 November 2026: Shareholders of Churchill Capital Corp XI have approved its merger with Agility Robotics, the Salem, Oregon maker of the Digit humanoid robot, with more than 84% of the votes cast in favour at a meeting on 2 November. The deal is expected to close on 4 November, and the combined company, renamed Agility Robotics, Inc., expects its shares to start trading on Nasdaq on 5 November under the ticker AGLT, with warrants as AGLTW.

Not yet independently verified. The release is Churchill Capital Corp XI's own filing with the SEC; the closing and trading dates are its expectations, not yet events. We will update this when it can be confirmed, and remove this note.

How much money comes in

The release puts gross capital at about $465 million before expenses. About $164 million comes from Churchill's trust account after redemptions and about $201 million from a private placement at $10 a share led by Foxconn. A further $100 million of equity funding reached Agility after the deal was announced. The $2.5 billion equity value attached to Agility is paid in shares, not cash.

The figure is lower than the more than $620 million projected when the deal was announced, which assumed no shareholder would redeem; the gap is the share of the trust that holders chose to take back. As part of closing, Churchill moves its legal home from the Cayman Islands to Delaware.

What a public Agility means for buyers

Agility describes itself as a humanoid robotics and physical AI company, and says Digit has logged more than 65,000 hours of real-world operation. A listing changes what customers can see. Quarterly reports will show how many robots are deployed, at what price and at what cost to support, numbers that private humanoid makers rarely publish and that a warehouse or factory signing a multi-year pilot would want before scaling it.

Foxconn's lead in the placement is the detail to watch. A contract manufacturer as anchor investor points at volume production rather than hand-built fleets, which is where humanoid economics have so far been unproven.

The pilots already signed

Agility's recent agreements include a pilot of Digit with AGCO at its Hesston, Kansas plant from 2027, which we reported in October, and its work with Nyobolt on nine-minute charging for Digit.

Our catalogue lists Agility Robotics among 60 robot manufacturers.

Sources

• Churchill Capital Corp XI, Form 8-K exhibit 99.1: shareholders approve business combination with Agility Robotics, 2 November 2026