Robotics
This humanoid robotics company is going public, but its CEO isn't promising a robot in your home anytime soon
Image: Primary Agility Robotics announced plans to go public through a merger with Michael Klein's Churchill Capital Corp XI, a special purpose acquisition company, or SPAC. The deal values the company at around $2.5 billion and is expected to raise more than $620 million in gross proceeds. The transaction has not closed and requires shareholder approval and SEC review, with completion expected later this year. Chief Executive Peggy Johnson spoke
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