secwatch.observer — SEC 8-K summary
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Issuer:     Churchill Capital Corp XI (CCXI)
CIK:        0002074973
Form:       8-K
Filed at:   2026-11-02T22:26:45+00:00
Accession:  0001213900-26-115034
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Churchill XI holders approve Agility Robotics merger; 61.5% of Class A redeemed, ~$465M gross capital, AGLT debut Nov 5
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- Shareholders approved the business combination and all related proposals at the Nov 2, 2026 extraordinary meeting, with more than 84% of votes cast in favor.
- 25,451,804 Class A shares (~61.5% of Class A outstanding) were redeemed, removing ~$261.8M ($10.287364 per share) from the trust account.
- Expected gross capital of ~$465.1M: ~$164.1M trust proceeds, $201.0M PIPE at $10/share led by Foxconn, and $100M equity funding already received.
- Closing expected Nov 4, 2026; entity renamed Agility Robotics, Inc. after Cayman-to-Delaware domestication; AGLT and AGLTW to trade on Nasdaq from Nov 5, 2026.
- Director nominees elected: Margaret "Peggy" Johnson, Pierre Gentin, Damion Shelton, Derek Aberle and Merline Saintil; the adjournment proposal was not presented.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2074973/000121390026115034/0001213900-26-115034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2074973/000121390026115034/ea0310517-8k425_church11.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-115034

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