SALEM, Ore. — Shareholders of Churchill Capital Corp XI voted on November 2 to approve the blank-check company’s business combination with Agility Robotics, clearing the last major hurdle before the humanoid-robot maker becomes a publicly traded company. More than 84% of votes cast backed the deal, and the combined company expects to close on November 4 and begin trading on Nasdaq under the ticker “AGLT” on November 5.
By the numbers
The deal brings Agility an expected $465 million in gross capital before transaction expenses, built from three pieces: roughly $164 million sitting in Churchill XI’s trust account, about $201 million from a common-stock PIPE priced at $10 a share and led by Foxconn, and $100 million in equity funding Agility had already received since the combination was first announced. As part of the transaction, Churchill XI — currently incorporated in the Cayman Islands and trading as Nasdaq: CCXI — will redomesticate to Delaware and take the Agility Robotics name.
Agility makes Digit, a bipedal humanoid built for warehouse and logistics work such as moving totes and unloading trailers, and the company says the robot has logged more than 65,000 hours of real-world operation at customer sites. With the listing, Agility is positioning itself as, in its own words, the only U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments — a claim aimed squarely at rivals like Figure and Apptronik that have so far stayed private.
The vote follows a sequence the company has been telegraphing for weeks: the SEC declared the deal’s S-4 registration statement effective on October 13, the shareholder meeting was set for November 2, and Churchill XI and Agility jointly disclosed the $465 million capital figure on October 30. Tuesday’s vote confirms that timeline is holding, with closing and the Nasdaq debut now three days out.
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