Agility Robotics, Inc. (CCXI) Form 8-K — Nov 6, 2026
Agility Robotics completed its SPAC merger with Churchill Capital Corp XI on November 4, 2026, at a $2.5 billion equity value, with Legacy Agility holders receiving shares at an exchange ratio of 9.202. The company began trading on Nasdaq under AGLT and AGLTW on November 5, 2026. The deal was funded by roughly $164.1 million of remaining trust after $261.8 million of public share redemptions, plus a $201 million PIPE at $10.00 per share and a $100 million SAFE conversion. Post-closing, there are 242,089,880 shares outstanding, with DCVC at 13.34%, Amazon at 8.55%, and the Churchill Sponsor at 6.03%.
Key figures
- Deal Value Usd
- 2500000000
- Gross Proceeds
- 201025000
- Shares Outstanding
- 242089880
- Lockup days
- 180
- Pipe shares
- 20102500
- Safe amount
- $100,000,000
- Espp reserve
- 7907647
- Exchange ratio
- 9.202
- Trust remaining
- $164.1 million
- Redemption amount
- $261.8 million (25,451,804 shares)
- Pipe price per share
- $10.00
- Redemption per share
- $10.287364
- Incentive plan reserve
- 51399711
- Safe conversion shares
- 12960557
- Warrant exercise price
- $11.50
- Lockup early release vwap
- $12.00
AI analysis
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