UPDATE — 6 November 2026: Agility Robotics began trading on Nasdaq on 5 November 2026 under the ticker AGLT, with warrants trading as AGLTW, after closing its combination with Churchill Capital Corp XI. The deal raised about $465 million in gross capital before transaction expenses. No first-day share price has been verified in any source. (Source: Agility Robotics, 5 November 2026, via GlobeNewswire.)
Illustrative image: a forklift moving goods in a warehouse — the kind of tote-moving work Agility's Digit humanoid is built for. This is NOT a photo of Digit. Image: Wikimedia Commons / FEMA / Patsy Lynch, public domain.
📌 KEY HIGHLIGHTS
- The close: Agility Robotics and Churchill Capital Corp XI completed their business combination on 4 November 2026, after Churchill XI shareholders approved it on 2 November with more than 84% of votes cast in favour.
- The debut: The combined company, renamed Agility Robotics, Inc., began trading on Nasdaq on 5 November 2026 under the ticker AGLT, with warrants as AGLTW. Churchill XI's old symbols stop trading.
- The money: About $465 million in expected gross capital before transaction expenses — about $164 million from the SPAC trust account, about $201 million in a Foxconn-led PIPE at $10 a share, and $100 million in equity already received.
- The catch: Agility reported just $1.8 million in net sales in 2025 against a roughly $140 million operating loss, and its $300 million-plus Digit 5 order book is multi-year potential value, not current revenue.
- What's next: Agility's stated targets are deployments at 25 facilities and 100 customers by the end of 2027, with the commercial rollout of Digit 5 in 2027.
Agility Robotics Nasdaq debut AGLT explained: what actually closed?
On 4 November 2026, Agility Robotics announced it had completed its previously announced business combination with Churchill Capital Corp XI, a special purpose acquisition company (SPAC). The sequence that got here was tight: the two companies announced an expected gross capital raise of about $465 million on 30 October, Churchill XI shareholders voted on 2 November, the merger closed on 4 November, and Nasdaq trading began on 5 November.
This is the follow-up to our earlier explainer, which covered the deal while it was still conditional — read it for the full background in our Agility Robotics $465 million SPAC explainer. What changed this week is that the conditions fell away: the vote passed, the combination closed, and the listing is now a date, not a plan. The combined company has also changed its legal home, domesticating from the Cayman Islands to Delaware, and will operate as Agility Robotics, Inc.
One timing note, stated plainly: this post is published on the morning of 5 November in India, before US markets open. Trading was described throughout as expected at the time of writing, exactly as the companies' announcement put it. No first-day share price is claimed here, because at the time of writing there is not one yet.
The deal at a glance
| Deal at a glance | Detail |
|---|---|
| Merger closed | 4 November 2026 (Agility Robotics + Churchill Capital Corp XI) |
| Nasdaq trading began | 5 November 2026 — common stock as AGLT, warrants as AGLTW |
| Pre-money valuation | $2.5 billion (June 2026 agreement) |
| Expected gross capital | ~$465 million, before transaction expenses (30 October estimate; the completion release gave no final net-proceeds figure) |
| Where the money comes from | ~$164 million SPAC trust account + ~$201 million Foxconn-led PIPE at $10/share + $100 million equity already received |
| Down from | $620 million-plus expected in June, after shareholder redemptions cut the trust-account cash |
| Shareholder lock-up | 180 days on existing Agility shareholders' shares and the Churchill sponsor's shares, with possible early release on stock-price performance |
| 2025 finances (S-4 filing) | $1.8 million net sales; ~$140 million operating loss; ~$100 million cash burn |
Illustrative image: an industrial robot arm at work in a factory — the kind of automation Digit 5 is designed to work alongside. This is NOT Agility's Digit. Image: Wikimedia Commons / Hweihe, public domain.
What changes now that Agility is public?
First, the money is real and the scrutiny is too. As a public company, Agility's cash burn, Digit unit economics and contract terms face quarterly disclosure for the first time. That matters because the investment case so far rests on filings and company claims rather than a quarterly track record: $1.8 million of 2025 sales against a $2.5 billion valuation only makes sense if deployments scale dramatically, and investors will now be able to check that scaling every three months.
Second, the shareholder base changes. All existing Agility shareholders rolled 100% of their equity into the combined company, and those shares — plus the Churchill sponsor's — cannot be sold for 180 days, except for a possible early release if the stock performs well enough. That lock-up removes an immediate overhang of insider selling, but it also means the first real test of insider confidence comes in about six months, not on debut day.
Third, the old SPAC disappears. Churchill XI's common stock, warrants and units cease trading under their former symbols, and its outstanding units have been separated into their underlying securities. Anyone who held Churchill XI now holds Agility Robotics, Inc. — which is why the ticker switch to AGLT, rather than the closing itself, is the moment most investors will actually notice.
Why it matters for USA readers — and what it means for India
For USA readers, this is the first time ordinary investors can buy a pure-play humanoid robotics stock on a US exchange — Agility's own description of itself, and the reason the debut matters beyond one company. Until now, betting on humanoids meant buying a giant like Tesla or NVIDIA, where robots are a small part of the story, or a private startup you could not touch at all. AGLT is a direct, single-company bet on warehouse humanoids, with all the volatility that implies: the same Churchill Capital sponsor previously took Lucid and Oklo public, and both stocks had very different first 90 days, a reminder that a SPAC debut price is a poor guide to a company's future.
The commercial case, in brief, is Digit 4's track record plus Digit 5's promise. Digit 4 has logged more than 65,000 hours of real-world operation, including moving more than 100,000 totes at about 98% accuracy at GXO's Flowery Branch facility in Georgia, and GXO is expanding Digit to two more US sites in 2027. Digit 5, unveiled in September 2026, lifts 50 lb repeatedly, runs 90 minutes on a 9-minute charge, and is built to work beside people without safety barriers. Its early-access customers arrive in the first half of 2027 and general availability is targeted by the end of 2027 — the same year Agility wants 25 facilities and 100 customers.
For India readers, be precise: Agility has announced no India operations, hiring or pricing, and its first deployments outside North America are planned for the EU and UK. The relevance is as a signal, and as a warning. India's factories, warehouses and logistics firms face the same labour and automation questions Digit embodies, and the automation-versus-jobs debate that follows a listed humanoid maker will reach Indian factories too. The humanoid race is also moving fast elsewhere — from Europe's training gyms to Chinese rivals shipping thousands of units — so a Nasdaq listing is a financing milestone, not a market lead.
Should you care?
FAQs
When does Agility Robotics stock start trading on Nasdaq?
The combined company, Agility Robotics, Inc., began trading on Nasdaq on 5 November 2026 under the ticker AGLT, with warrants trading as AGLTW, following the merger's close on 4 November 2026.
What is AGLT?
AGLT is the Nasdaq ticker symbol for Agility Robotics, Inc., the Salem, Oregon, humanoid robotics company behind the Digit robot, after its merger with Churchill Capital Corp XI. AGLTW is the ticker for its warrants.
How much did Agility Robotics raise in the SPAC deal?
About $465 million in expected gross capital before transaction expenses: about $164 million from the Churchill XI trust account, about $201 million from a Foxconn-led PIPE at $10 a share, and $100 million in equity already received. That is down from the $620 million-plus expected in June 2026, after shareholder redemptions.
Is Agility Robotics profitable?
No. Its SPAC filing reported $1.8 million in net sales in 2025 against an operating loss of roughly $140 million and about $100 million in cash burn. Its $300 million-plus Digit 5 order book is multi-year potential value, subject to milestones, not current revenue.
What is Digit 5, and when can customers buy it?
Digit 5 is Agility's fifth-generation humanoid, unveiled in September 2026, built to work safely beside people without safety barriers, lifting 50 lb repeatedly with a 90-minute runtime on a 9-minute charge. Early-access customers are expected in the first half of 2027, with general availability targeted by the end of 2027.
TAKEAWAY: Agility Robotics closed its SPAC merger on 4 November and began trading as AGLT on 5 November — the first US-listed pure-play humanoid stock, funded with about $465 million and judged from now on by quarterly results, not demo videos. The 2027 targets — 25 facilities, 100 customers, Digit 5 in commercial rollout — are the numbers that will decide whether the debut was a beginning or a peak.
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Read more on TechByCountry: Agility Robotics $465 million SPAC explainer, Meta humanoid robot Max Fourier explainer, and Nooks $500 million funding USA explainer.
Sources
- GlobeNewswire via Manila Times — Agility Robotics and Churchill Capital Corp XI Complete Business Combination (4 November 2026)
- Unite.AI — Agility Robotics Closes SPAC Deal Ahead of Nasdaq Trading (4 November 2026)
- Securities.io — Agility Robotics Completes SPAC Merger Ahead of Nasdaq Debut (4 November 2026)
- The Robot Report — Churchill Capital XI shareholders approve $2.5B Agility Robotics humanoid SPAC (3 November 2026)
- Business News — Agility Robotics Wins SPAC Vote, Set for Nasdaq Debut (4 November 2026)
- GeekWire — 'Digit' maker Agility Robotics to go public in $2.5B deal (24 June 2026)
- The Manila Times (GlobeNewswire) — Agility Becomes First U.S. Publicly Listed Pure-Play Humanoid Robotics Company, Begins Trading Today on Nasdaq as AGLT (5 November 2026)
- Securities.io — Agility Robotics Debuts on Nasdaq With $465 Million in Gross Capital (5 November 2026)
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