Agility to go public via merger with Churchill Capital Corp XI at $2.5B pre-money equity value

Agility Robotics

Agility agreed to merge with SPAC Churchill Capital Corp XI at $2.5B pre-money equity value, expecting over $620M in gross proceeds including roughly $200M in PIPE financing at $10 per share led by Foxconn. The combined company will trade as AGLT and use the capital to fill Digit v5 orders and scale production.

• Pre-money valuation: $2.5 billion; expected gross proceeds exceed $620 million total.
• PIPE financing: ~$200 million at $10 per share, led by Foxconn with institutional investor participation.
• Combined company ticker: AGLT; transaction expected to close in 2026 subject to shareholder approval.
• Proceeds fund fulfilling Digit v5 customer orders and ramping manufacturing capacity for production scaling.