Churchill Capital said its shareholders have approved the business combination with robotics company Agility Robotics, with more than 84% of votes cast in favor. The merger and related financing are expected to provide roughly $465 million in gross capital to Agility. That total includes about $164 million from the Churchill XI trust account, a $201 million common stock PIPE led by Foxconn, and $100 million in equity financing that has already been received. The transaction is expected to close on Nov. 4, 2026. After the deal closes, the combined company will operate as Agility Robotics, Inc. Its common stock and warrants are expected to begin trading on Nasdaq on Nov. 5 under the ticker symbols AGLT and AGLTW, respectively. The company said that once the merger is completed, Agility is expected to become the only publicly listed pure-play humanoid robotics company in the United States with validated and active commercial deployments.
According to PANews on Nov. 4, special purpose acquisition company Churchill Capital said its shareholders have approved a business combination with robotics company Agility Robotics, with more than 84% of votes cast in favor.
Merger approval and financing package
The company said the merger and related financing are expected to deliver about $465 million in gross capital to Agility. That amount includes roughly $164 million from the Churchill XI trust account, a $201 million common stock PIPE led by Foxconn, and $100 million in equity financing that has already been received.
Closing date and Nasdaq listing
The transaction is expected to close on Nov. 4, 2026. After closing, the combined company will operate as Agility Robotics, Inc. Its common stock and warrants are expected to begin trading on Nasdaq on Nov. 5 under the ticker symbols AGLT and AGLTW, respectively.
Post-merger positioning
Churchill Capital said that after the merger closes, Agility is expected to become the only publicly listed pure-play humanoid robotics company in the United States with validated and active commercial deployments.
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