Agility Robotics wins shareholder backing for its Nasdaq listing through a SPAC merger
Churchill Capital Corp XI investors approved the Agility Robotics merger on November 2, with closing expected November 4 and trading as AGLT on November 5.
Shareholders of Churchill Capital Corp XI, a special purpose acquisition company, voted on November 2 to approve its merger with Agility Robotics, the maker of the Digit humanoid. More than 84% of the votes cast were in favor. Closing was expected on November 4, with the combined company's shares due to start trading on Nasdaq on November 5 under the ticker AGLT. Warrants are expected to trade as AGLTW.
The deal is tied to roughly $465 million in gross capital. That sum combines about $164 million held in the SPAC's trust, a $201 million private placement led by Foxconn, and $100 million Agility already received after the deal was announced. It is a figure before transaction costs, so the cash reaching the company will be smaller.
Why it matters
A vote is not a completed merger, and closing still depended on remaining conditions. If it goes through, Agility becomes a publicly traded pure-play humanoid company, which will expose its sales and spending to market scrutiny. Watch the trading debut first, then how fast Digit moves into customer sites. Digit 5 is planned for early access in the first half of 2027, with general availability six to nine months after that. The report does not say how much cash will remain after fees.
