Agility Robotics completes SPAC merger and lists on Nasdaq with $2.5 billion valuation
Agility Robotics (ticker AGLT) merged with SPAC Churchill Capital Corp XI and began trading on Nasdaq on November 5, 2026. The transaction valued the company at about $2.5 billion and provided roughly $465 million of gross capital before expenses. The company reported $1.8 million of revenue and a net loss of $138.1 million for 2025, while its stock closed the first day at $11.51 after opening at $11.38. It also disclosed more than $300 million of multi‑year customer orders for its new Digit 5 robot.
Why it matters
The $465 million financing gives Agility a cash runway to expand production, but the sizable 2025 loss and volatile debut price highlight the financial risk for investors. The $300 million order backlog may convert into future revenue if the company meets delivery milestones, according to the company’s filing.
Key facts
- 1The SPAC merger valued Agility Robotics at approximately $2.5 billion (pre‑money). finance.biggo.com
- 2The transaction is expected to raise roughly $465 million in gross capital before transaction expenses. finance.biggo.com
- 32025 revenue was $1.8 million and net loss was $138.1 million. finance.biggo.com
- 4The company reported more than $300 million in committed multi‑year customer orders for the Digit 5 platform. itechpost.com
- 5Agility’s shares opened at $11.38, reached an intraday high of $12.15, fell to a low of $8.40, and closed at $11.51 on the first trading day. itechpost.com
- 6The SPAC transaction included approximately $164 million from the trust account, about $201 million from a PIPE financing led by Foxconn, and $100 million of equity received before closing. itechpost.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.