Agility Robotics, the Salem, Oregon humanoid robotics company, has closed its merger with a blank-check company and will begin trading on the Nasdaq stock market on November 5, 2026 under the ticker symbol “AGLT”. The company announced the completion through an official press release on November 4, saying it expects to become “the only U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments.”

The transaction is a business combination with Churchill Capital Corp XI (Nasdaq: CCXI), a special purpose acquisition company. Churchill XI’s common stock, warrants and units will cease trading under their previous symbols, and the combined company’s shares and warrants are expected to begin trading as “AGLT” and “AGLTW” on November 5.

Deal Terms and Capital

Agility and Churchill agreed the merger in June 2026 at a reported value of about $2.5 billion. The combined company expects roughly $465 million in gross capital from the transaction and related financings, according to an October 30 estimate based on the SEC filing: about $164 million left in the SPAC’s trust after redemptions, a $201 million private investment in public equity (PIPE) led by Foxconn, and $100 million in equity Agility had already received. The closing release itself did not state a final net-proceeds figure. Churchill XI shareholders approved the deal on November 2, with more than 84% of votes cast in favor, alongside a domestication from the Cayman Islands to Delaware.

All existing Agility shareholders are rolling 100% of their equity into the combined company, and shares held by Agility’s existing owners and the Churchill sponsor will be locked up for 180 days after closing, with early release possible if the stock hits certain performance measures.

Digit and the Commercial Footprint

Agility’s flagship robot, Digit, is commercially deployed in manufacturing, distribution and logistics work for GXO, Schaeffler and Toyota Motor Manufacturing Canada, and the company says its fleet has logged more than 65,000 hours of real-world operation. GXO recently expanded its agreement to deploy Digit at two additional U.S. facilities, with deployments expected to begin in early 2027, and Agility has signed a commercial agreement with AGCO to pilot Digit at its manufacturing plant in Hesston, Kansas beginning in 2027.

Digit 5, Agility Robotics' next-generation humanoid robot
Image: Agility Robotics. Digit 5, the company’s next-generation humanoid built for cooperative safety.

Digit 5 and Manufacturing Scale

The company is advancing Digit 5, its next-generation humanoid designed for cooperative safety, with the goal of enabling robots to work in close proximity to people in dynamic industrial environments. Agility says it has secured more than $300 million in committed multi-year orders for Digit 5, though those orders are contingent on contractual milestones, product features and specifications and do not represent current-period revenue. To support demand, the company built RoboFab, a U.S. manufacturing facility designed to produce up to 10,000 robots per year, alongside Agility Arc, its cloud-based enterprise platform for deploying and managing robot fleets. The 10,000 figure is designed capacity, not reported current output.

Agility Robotics Nasdaq listing deal facts
Graphic: GPTOnline

Why It Matters

Humanoid robotics has been awash in private capital, but public-market investors have had almost no pure-play way to bet on it. Agility’s listing changes that, and the test now is execution: converting the $300 million Digit 5 order book into shipped robots, ramping RoboFab toward its designed capacity, and proving the unit economics of humanoid labor in real warehouses. The full equity rollover and 180-day lock-up signal that insiders are staying in for the ride. But the figures in the release are company-reported, the capital total is a pre-closing estimate, and the deployment timelines are plans, not results. Watch the first quarters of trading for how quickly those plans turn into revenue.

Sources