Churchill Capital Corp XI And Agility Robotics To Merge In $2.5B SPAC Transaction; Agility To Trade Under Symbol 'AGLT'
Churchill Capital Corp. XI Class A
Churchill Capital Corp. XI Class A CCXI | 0.00 |
- Operating today in commercial environments with leading enterprises including Schaeffler, GXO, Toyota Motor Manufacturing Canada.
- Supported by leading strategic investors and partners across the AI, technology, VC, and industrial ecosystem, including DCVC, NVIDIA, Amazon, SoftBank Vision Fund 2, Foxconn, Schaeffler, Abico, and Playground Global.
- Digit v5 is designed to be the world’s first AI-enabled cooperatively safe humanoid robot; Agility’s vertically integrated platform is general-purpose and built for scaled deployment.
- Strong commercial momentum with more than $300 million of multi-year contracted Digit v5 orders secured to date.
- $2.5 billion pre-money equity value and more than $620 million of expected gross transaction proceeds, including approximately $200 million of incremental financing via a common stock PIPE committed at $10 per share from leading existing and new institutional investors.
- Proceeds will support fulfillment of existing customer orders, expansion of commercial deployments, scaling of Digit v5 production, and continued investment in Agility’s integrated platform.
