Agility Robotics to Merge With Churchill Capital Corp XI in $2.5 Billion Deal
Agility Robotics, a US-based humanoid robotics company, has agreed to merge with Churchill Capital Corp XI (CCXI), a SPAC, valuing the firm at $2.5 billion pre-money equity. The deal is expected to provide Agility Robotics with over $620 million in gross proceeds and result in a publicly traded entity under the ticker symbol 'AGLT'.