BUZZ-Churchill Capital rises on media report of Agility Robotics deal

Churchill Capital Corp. XI Class A

Churchill Capital Corp. XI Class A

CCXI

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** Churchill Capital Corp XI CCXI.O shares rise 23% to $12.82 in pre-market trading

** WSJ reports co will take Agility Robotics public, ticker AGLT, in a deal valuing the startup at about $2.5 bln

** Expected to generate over $600 mln in gross proceeds, per report, including $420 mln cash from Churchill XI and a private investment in public equity of over $200 mln led by Foxconn

** Agility has reportedly secured orders for a new version of its Digit robot that is in development, which is expected to have finer dexterity and higher safety standards

**Reuters could not immediately verify the report; Agility Robotics and Churchill Capital Corp XI did not immediately respond to Reuters request for comment


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