Churchill XI and Agility Robotics file draft S-4 for SPAC merger; expect >$620M gross proceeds

Churchill Capital Corp XI

Confidential submission of Form S-4 for business combination with Agility Robotics, creator of humanoid robot Digit.
Combined company to be named Agility, listed on major North American exchange under ticker AGLT.
Expected gross proceeds >$620M: $421M from Churchill XI trust (assuming no redemptions) plus ~$201M PIPE.
Agility has active commercial deployments with Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre.
Transaction expected to close in 2026, subject to shareholder approval, SEC review, and other conditions.

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