Agility Robotics shareholders approve $2.5B SPAC merger

Shareholders of Churchill Capital Corp XI have approved a SPAC merger with humanoid robot developer Agility Robotics, valuing the company at $2.5 billion. The transaction is expected to provide approximately $465 million in gross capital to support commercial expansion, manufacturing, and customer deployments of its Digit robots. The combined company is slated to begin trading on the Nasdaq under the ticker symbol AGLT. Open article →