Agility Robotics expects $465M gross raise through Churchill XI SPAC deal, Nasdaq debut as AGLT on Nov. 5

Agility Robotics expects about $465 million in gross proceeds from its SPAC merger with Churchill Capital Corp XI, including roughly $164 million from Churchill XI's trust account, a $201 million common stock PIPE led by Foxconn, and $100 million in previously received equity funding. The deal should close Nov. 4 pending a shareholder vote, with a Nasdaq debut as AGLT on Nov. 5.

Detected & updated continuously · Source: Nebula