Every material Form 8-K Churchill Capital Corp XI has filed with the SEC since October 13, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Churchill Capital Corp XI (CCXI) completed its business combination with Agility Robotics on November 4, 2026, after shareholders approved it on November 2, 2026. The filing says the aggregate consideration was $2.5 billion and that Agility stockholders will hold about 79.1% of the combined company, so existing CCXI public shareholders will hold a much smaller share. The included unaudited pro forma figures show large net losses and minimal sales, which matter to shareholders assessing the combined company's financial position.
Business combination completed November 4, 2026; aggregate consideration to Agility securityholders was $2,500,000,000.
25,451,804 CCXI Class A shares were redeemed for cash from the trust account; 15,948,196 CCXI public shares remain outstanding in the pro forma table.
Pro forma net loss was $407.7 million for the six months ended June 30, 2026, on net sales of $175 thousand, versus a pro forma net loss of $143.9 million for 2025.
Pro forma cash and cash equivalents were $447.2 million as of June 30, 2026, after the transaction adjustments.
Shareholders of Churchill Capital Corp XI approved the business combination with Agility Robotics, Inc. at an extraordinary general meeting on November 2, 2026. Holders of 25,451,804 Class A shares, about 61.5% of those outstanding, redeemed for trust funds, removing approximately $261.8 million from the trust account, so expected gross capital is about $465.1 million before transaction expenses.
Business Combination Proposal: 21,069,042 shares voted for, 1,334,087 against and 2,623,822 abstained.
Redemptions: 25,451,804 Class A shares (about 61.5%), removing approximately $261.8 million from the trust account.
Expected gross capital of about $465.1 million, including $201.0 million from the PIPE and $100 million of equity already received.
Closing expected November 4, 2026; common stock expected to trade on Nasdaq as AGLT on November 5, 2026.
After Churchill Capital Corp XI's redemption deadline expired, Agility Robotics said its gross capital raise tied to the proposed business combination is expected to be about $465 million before transaction expenses. The business combination is expected to close on November 4, 2026, subject to Churchill XI shareholder approval, with the combined company expected to trade on Nasdaq under ticker AGLT from November 5, 2026. The filing gives no revenue or profit figures, and the final cash available to Agility depends on how many Churchill XI shareholders keep their redemption elections.
Gross capital raise expected to be about $465 million before transaction expenses, following the expiration of Churchill XI's redemption deadline.
Sources: about $164 million from the Churchill XI trust account, about $201 million from a common stock PIPE at $10 per share led by Foxconn, and $100 million of equity funding already received.
Churchill XI shareholder vote is scheduled at an extraordinary general meeting on November 2, 2026; closing is expected November 4 and Nasdaq trading November 5.
Churchill XI shareholders who asked to redeem their shares may withdraw that request at any time before the scheduled vote.
The SEC declared effective the Form S-4 registration statement for the proposed business combination between Agility Robotics and Churchill Capital Corp XI (Nasdaq: CCXI) on October 13, 2026. Churchill XI has set an extraordinary general meeting of shareholders for November 2, 2026 to vote on the deal, which is expected to close in November 2026 and would list the combined company on Nasdaq as AGLT.
SEC declared the S-4 registration statement effective on October 13, 2026; it was originally filed September 4, 2026.
Churchill XI shareholder meeting set for November 2, 2026 at 9:00 a.m. Eastern Time.
Expected gross proceeds above $620 million, including about $424 million in trust (assuming no redemptions) and about $200 million from a PIPE led by Foxconn.
Closing expected in November 2026; the combined company would trade as AGLT.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Churchill Capital Corp XI filing is on SEC EDGAR ↗. 8-K briefs of other companies →