Churchill Capital Corp XI (CCXI) has completed its business combination with private robotics firm, Legacy Agility Robotics. The combined entity is now named Agility Robotics, Inc. and its common stock will begin trading on the Nasdaq Stock Market on November 5, 2026, under the ticker "AGLT". The transaction provides the robotics company with significant capital for growth and operations.
Key Details
- Transaction Close: The business combination was officially completed on November 4, 2026, taking Agility Robotics public via a reverse recapitalization.
- Valuation & Consideration: The merger was based on a pre-transaction equity value of $2.5 billion for Legacy Agility Robotics, with consideration paid entirely in shares of the combined company.
- Capital & Funding: The transaction was supported by a $201 million PIPE investment and included approximately $164.1 million in cash from CCXI's trust account after redemptions totaling approximately $261.8 million.
- New Leadership & Listing: The combined company will be led by CEO and Chairperson Peggy Johnson. Its common stock and warrants will trade on Nasdaq under the new symbols "AGLT" and "AGLTW," respectively.