Agility Robotics Goes Public Via $465M Merger

The humanoid robot maker's merger with a blank-check shell is pending shareholder approval and expected to trade as AGLT from Nov. 5.

Updated on Nov. 2, 2026 in Robotics

Agility Robotics Goes Public Via $465M Merger

Churchill Capital Corp XI shareholders meet Monday to vote on a merger with Agility Robotics, maker of the humanoid robot Digit. The deal is a blank-check company combination, and the shell's shares rose 16.2% on the news. The development is announced and pending shareholder approval, not a completed transaction.

Why it matters

The merger would take a humanoid robotics developer public through a special-purpose acquisition vehicle, a route that gives private companies access to public capital without a traditional listing. The expected $465 million raise suggests investors are funding humanoid robots as a commercial category.

The raise combines $164 million from the shell's trust, $201 million from a Foxconn-led private placement at $10 per share, and $100 million in Agility equity raised after the merger announcement. Figures for Agility's technical performance, such as the Digit robot's capabilities or deployment count, were not included in the source material.

The players

Churchill Capital Corp XI

A blank-check acquisition company, known as CCXI on the market, that is combining with Agility Robotics through a shareholder-approved merger.

Agility Robotics

A robotics company that builds the humanoid robot Digit, with $100 million in equity raised after announcing the merger.

Foxconn

The Taiwanese electronics manufacturer that led a $201 million private stock sale at $10 per share tied to the deal.

The details

Churchill Capital Corp XI is a blank-check company, a shell with no operating business that raises capital in order to acquire a private company. In this deal, Agility Robotics would merge into the shell, and current Agility owners would exchange their stakes for shares of the combined company. Those shares cannot be sold for 180 days after closing, a lockup period that limits near-term selling pressure.

Oct. 30: CCXI hit its low point of $8.05.
Friday before Nov. 2: Churchill and Agility announced the expected $465 million raise.
Monday, Nov. 2: Churchill XI shareholders vote on the merger, and shares surged 16.2%.
Nov. 4: The companies expect the merger to close if approved.
Nov. 5: The merged company is expected to begin trading as AGLT on Nasdaq.

The Tech Race

Agility Robotics' Digit is positioned against other humanoid robot programs seeking commercial deployment, and this merger places the company among public-market robotics listings. The source material does not name specific competing programs or their milestones.

Retail investors can buy the merged company's shares only after it begins trading as AGLT on Nasdaq, expected Nov. 5 if the merger closes on schedule. Agility's existing owners cannot sell their shares for 180 days after closing.

The takeaway

The deal shows public markets being asked to fund humanoid robotics before a broad commercial market is proven. Watch Nov. 2 for the shareholder vote and Nov. 5 for the first trading session under AGLT on Nasdaq.

What happens next

Shareholders vote Monday, Nov. 2; if approved, the merger is expected to close Nov. 4, with the combined company trading as AGLT on Nasdaq from Nov. 5. A close below $8.05 at the market close would erase Monday's gain.