Agility Robotics' merger with Churchill Capital XI declared effective by SEC; shareholder vote set for November 2

Agility Robotics/Digit

The SEC declared effective the joint registration statement for Agility Robotics' merger with the SPAC Churchill Capital Corp XI. If shareholders approve on November 2 and the deal closes as expected in November, the humanoid robot maker would trade on the stock market as AGLT and raise more than $620 million.

• The SEC declared the Form S-4 effective on October 13, 2026; Churchill Capital Corp XI shareholders vote on November 2
• The combined company is expected to trade as AGLT; Churchill XI currently trades as CCXI on Nasdaq
• More than $620 million in gross proceeds: about $424 million from the trust, assuming no redemptions, and about $200 million from a PIPE led by Foxconn
• The money is for existing customer orders, scaling Digit 5 production and the platform; Digit 5 has more than $300 million in committed orders, with early access targeted for early 2027