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Agility Robotics Expects $465 Million Gross Capital Raise in Proposed Nasdaq Listing

The proposed business combination with Churchill Capital Corp XI was scheduled for a shareholder vote Nov. 2, with a potential Nasdaq debut under the ticker AGLT later in the week.

November 2, 2026 by Dr Maulik Vyas

SALEM, Ore., Oct. 30, 2026 - Agility Robotics is heading for the stock market, and it expects roughly $465 million in gross proceeds from the deal. The humanoid robot maker plans to merge with the special purpose acquisition company Churchill Capital Corp XI and list on Nasdaq.

The two companies announced the plan on Oct. 30. The money breaks down into three pieces: about $164 million from Churchill XI's trust account, a $201 million private investment in public equity led by Foxconn, and $100 million in equity funding Agility says it has already received since the announcement.

That $465 million is before transaction expenses, and it depends on the merger and the related financing going through.

The calendar is tight. Churchill XI shareholders vote on Nov. 2. If they approve and the other closing conditions are met, the deal should close on Nov. 4, and the combined company would start trading on Nasdaq the next day, Nov. 5, under the ticker AGLT.

Agility builds Digit, a humanoid robot meant for industrial and logistics work. The company says it will put the proceeds toward expanding commercially and keeping up with growing customer demand.

Some of that demand is already visible. Logistics company GXO is widening its relationship with Agility to put Digit in two more facilities. Farm equipment maker AGCO has agreed to a manufacturing pilot, which is expected to start in 2027.

Agility has also disclosed more than $300 million in committed multi-year orders for Digit 5. The company is careful to say what that number means. It's potential value spread out over time, tied to contract milestones, product features and specifications, and it isn't revenue for the current period.

A public listing would open the door to public capital markets just as Agility gets ready to ramp up production and commercial operations. But the deal hasn't closed yet. What the company ends up with depends on whether the financing and the other conditions come together.