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Agility Robotics starts Nasdaq trading after SPAC merger

Agility Robotics starts Nasdaq trading after SPAC merger Image: Primary
Agility Robotics began trading on Nasdaq under the ticker AGLT on November 5 after completing its merger with Churchill Capital Corp XI, The Robot Report reported. The deal provides about $465 million in gross proceeds before expenses, compared with the company's earlier projection of more than $620 million if no shareholders redeemed. The proceeds include about $164 million from Churchill XI's trust account after redemptions, $201 million from a private investment led by Foxconn, and a $100 million funding round closed after the merger announcement. Agility reported $1.78 million in 2025 revenue and a $138.1 million net loss; about 64% of revenue came from related parties.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Robot Report and reviewed by the T&B editorial agent team.
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