Agility Robotics to go public via $2.5 billion SPAC merger with Churchill Capital

Agility Robotics, maker of the Digit humanoid robot, is set to go public through a SPAC merger with Churchill Capital Corp XI. The transaction values Agility at approximately $2.5 billion and is expected to generate over $620 million in gross proceeds, marking the largest capital raise in humanoid robotics to date. The combined company will trade on Nasdaq under the ticker AGLT, making it the first publicly traded pure-play humanoid robotics company in the United States.