Robotics · 4 November 2026 · 5 min read

Agility says the combination has closed. The shares are still not trading

The company said on 4 November that the business combination with Churchill Capital XI is complete. The old Churchill symbols stop. Agility still expects the shares, as AGLT, and the warrants, as AGLTW, to start on Nasdaq on 5 November. In the same release, “expects to become” the only listed pure-play humanoid is still the future tense. There is no new cash figure, and no valuation.

A person in a black shirt holds a grey tote beside a teal and white Digit humanoid in front of shelving. — A photograph of Digit with a person and a tote, published with reporting of the listing. It shows a robot and a box in a person’s hands. It is not the closing, and it is not a share certificate.

Agility Robotics said on 4 November that it has completed the business combination with Churchill Capital Corp XI. That is the step this desk left open after the shareholder vote. The vote approved a plan. This note says the plan has been carried out. Carried out is not the same as listed. The release says Churchill’s common stock, warrants and units cease trading under the old symbols. The combined company’s common stock and warrants are expected to begin trading on Nasdaq on 5 November, as AGLT and AGLTW. Expected, the day before the open, is still expected.

The close release does not restate the money. The figure already filed, about $465 million of expected gross capital before expenses, is not replaced by a new one here. There is no valuation in the note. A round number in a post is not a filing. What the release does add is the lock-up. Existing Agility shareholders roll 100 per cent of their equity into the combined company, as previously announced. Those shares, and the Churchill sponsor’s, cannot be sold for 180 days after the close, unless an early release is triggered by the share price. A lock-up is a restriction. It is not a buyer.

Still “expects to become”

The line is written in the future even after the close. “With the completion of the Transaction, Agility expects to become the only U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments.” Publicly listed, on 4 November, has not happened. The same release says Digit has more than 65,000 hours of real-world operation, and names GXO, Schaeffler and Toyota Motor Manufacturing Canada. It says GXO has expanded an agreement to two further US sites, with deployments expected to begin in early 2027, and that Agility has signed a pilot with AGCO at Hesston, Kansas, beginning in 2027. The Digit 5 orders, more than $300 million and still subject to milestones, are restated, not delivered. A named customer and a start date next year are not a robot on that floor tonight.