Agility Robotics completes merger and secures $465 million in capital ahead of Nasdaq listing
What happened
Agility Robotics, the US-based developer of the Digit humanoid (a robot built in roughly human shape) robot, has completed its business combination with Churchill Capital Corp XI, paving the way for its shares to trade on Nasdaq under the ticker symbol “AGLT”. November 11, 2026 by Sam Francis Agility Robotics , the US-based developer of the Digit humanoid robot, has completed its business combination with Churchill Capital Corp XI, paving the way for its shares to trade on Nasdaq under the ticker symbol “AGLT”.
The transaction, completed on November 4, 2026, follows shareholder approval two days earlier and is associated with an expected gross capital raise of approximately $465 million, before transaction expenses. The financing package announced on October 30 comprised approximately $164 million from Churchill XI’s trust account, $201 million from a private investment in public equity (PIPE) financing led by Foxconn, and $100 million in equity funding already received.
The completed merger also represents a significant milestone for the emerging humanoid robotics industry, bringing a US company with robots already operating in commercial environments onto the public markets. The company recently expanded its agreement with GXO to introduce Digit robots at two additional US facilities, with operations expected to begin in early 2027.
It has also signed an agreement with agricultural machinery manufacturer AGCO to conduct a manufacturing pilot at the company’s facility in Hesston, Kansas, during 2027. The PIPE financing was committed at $10 per share, with participation from existing and new institutional investors.
Expanding commercial operations Agility has been increasing its commercial activities with customers in manufacturing, logistics and distribution. Other commercial customers include Schaeffler and Toyota Motor Manufacturing Canada.