---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-077978"
form_type: "8-K"
ticker: "CCXI"
cik: "0002074973"
company_name: "Churchill Capital Corp XI"
filed_at: "2026-07-14T20:30:42+00:00"
generated_at: "2026-07-14T20:32:13.081524+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-077978
- form_type: 8-K
- ticker: CCXI
- cik: 0002074973
- company_name: Churchill Capital Corp XI
- filed_at: 2026-07-14T20:30:42+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2074973/000121390026077978/0001213900-26-077978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2074973/000121390026077978/ea0297923-8k425_churchill11.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-077978
- JSON: https://secwatch.observer/filing/0001213900-26-077978.json
- Plain text: https://secwatch.observer/filing/0001213900-26-077978.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.