Agility Robotics Expects $465M Gross Raise Through Churchill XI Deal

Business combination expected to close on November 4, 2026, subject to Churchill XI shareholder approval; the combined company expected to begin trading on Nasdaq under ticker symbol "AGLT" on November 5, 2026.

Agility is expected to be the only U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments.

SALEM, Ore. and NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Agility Robotics, a leading humanoid robotics and physical AI company, and Churchill Capital Corp XI (NASDAQ:CCXI) ("Churchill XI"), a publicly traded special purpose acquisition company, today announced that, following the expiration of Churchill XI’s redemption deadline, Agility’s gross capital raise in connection with the proposed business combination and related financings is expected to be approximately $465 million, before transaction expenses.

The gross capital raise includes: (i) approximately $164 million from Churchill XI’s trust account; (ii) approximately $201 million from a common stock PIPE committed at $10 per share, led by Foxconn with participation from leading existing and new institutional investors; and (iii) $100 million of equity funding already received following the announcement of the business combination.

Agility is expected to enter the public markets well capitalized to execute its planned investments in commercial expansion and support growing customer demand.