Churchill Capital Shares Rise as $2.5 Billion Agility Robotics Merger Keeps Investors Engaged

Churchill Capital Corp XI (NASDAQ:CCXI) shares are in the spotlight Monday as the company’s planned merger with humanoid robotics company Agility Robotics continues to attract investor attention.

The Deal

Churchill and Agility announced a definitive business combination agreement valuing Agility at a pre-money equity value of $2.5 billion. The transaction is expected to provide more than $620 million in gross proceeds, including $420 million from Churchill’s trust account assuming no redemptions, and approximately $200 million via a common stock PIPE committed at $10 per share, led by Foxconn with participation from existing and new institutional investors.

Upon closing, the combined company is expected to trade on a major North American exchange under the ticker symbol AGLT.

All existing Agility shareholders will roll their equity into the combined company and are subject to a 180-day lockup. The transaction is expected to close in 2026, subject to Churchill XI shareholder approval, SEC review, and other customary conditions.

What Is Agility Robotics?

Agility is one of the only humanoid robotics companies with multiple years of operational experience in real commercial environments. Its flagship robot, Digit, is currently deployed with Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre, where it automates repetitive physical tasks across manufacturing, distribution, and logistics operations. Digit has accumulated more than 65,000 hours of operation across nine customer facilities.

The company is now preparing for the commercial launch of Digit v5—designed to be the world’s first cooperatively safe humanoid robot—and has already secured more than $300 million in multi-year orders for the new platform from a pipeline of over 30 customers.

Agility is backed by NVIDIA, Amazon, SoftBank Vision Fund 2, Foxconn, Schaeffler and Google DeepMind, which selected Agility as the launch partner for NVIDIA Halos, the industry’s first full-stack safety system for physical AI and humanoid robotics.

Agility’s RoboFab manufacturing facility is designed to support production of up to 10,000 units annually, with approximately 75% of Digit parts sourced domestically.

Churchill Shares Edge Higher

CCXI Price Action: At the time of publication, Churchill shares are trading 0.21% higher at $19.15, according to data from Benzinga Pro.

This illustration was generated using artificial intelligence via Midjourney.