Agility Robotics expects $465 million gross capital raise in Churchill XI merger
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.
Key points
- 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 filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2026.
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.