{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-116898","form_type":"8-K","ticker":"CCXI","cik":"0002074973","company_name":"Churchill Capital Corp XI","filed_at":"2026-11-06T21:18:25+00:00","discovered_at":"2026-11-06T21:19:00.178830+00:00","generated_at":"2026-11-06T21:19:09.378039+00:00","sec_items":["1.01","2.01","5.06","9.01","4.01","3.02","3.03","5.03","8.01","5.01","5.02","5.05"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Agility Robotics closes SPAC merger at $2.5B equity value; 242.1M shares outstanding post-close","bullets":["Merger with Churchill Capital Corp XI closed Nov 4, 2026; Legacy Agility holders received ~191.8M shares at a $2.5B equity value, exchange ratio 9.202, $10.287364/share.","25,451,804 Class A shares were redeemed for ~$261.8M (~$10.29/share), leaving ~$164.1M in trust; PIPE added 20,102,500 shares at $10.00 for $201.0M gross.","$100M of July 2026 SAFEs converted into ~12,960,557 shares (~5.35% of post-close); 242,089,880 shares of Common Stock outstanding at closing.","Former Legacy Agility options/RSUs assumed cover ~61.0M shares; new holders face a 180-day lock-up that lifts early if VWAP tops $12.00 for 15 days.","Company domesticated to Delaware as Agility Robotics, Inc., HQ in Salem, OR; Common Stock trades on Nasdaq as AGLT, warrants as AGLTW at $11.50 strike."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-116898","json":"https://secwatch.observer/filing/0001213900-26-116898.json","markdown":"https://secwatch.observer/filing/0001213900-26-116898.md","text":"https://secwatch.observer/filing/0001213900-26-116898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026116898/0001213900-26-116898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026116898/ea0311204-8k_churchill11.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-06T21:19:09.378039+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}