Agility Robotics now expects to raise $465 million in its SPAC merger, less than first forecast

The developer of the Digit humanoid said on Friday it expects to raise about $465 million in its merger with Churchill Capital Corp XI, down from the $620 million it estimated in June. The deal is expected to close on November 4.

According to The Robot Report, the deal was announced in June at a $2.5 billion valuation. It is still subject to shareholder approval, and Agility says it will be the first US publicly traded pure-play humanoid company with commercial deployments. All existing shareholders will roll their equity into the combined company, with a 180-day lock-up.

Last month the company unveiled Digit 5. It says deliveries to early-access customers will begin in the first half of 2027, with general availability targeted for the end of 2027, and that it has more than $300 million in committed multi-year orders. In a September SEC filing it reported $1.8 million in net sales for 2025. Investors include NVIDIA, Amazon, SoftBank and Foxconn.

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The Robot Report Humanoid developer Agility now expects to raise $465M in SPAC deal Agility said it expects to raise $465 million in its combination with Churchill Capital Corp XI, $155 million less than it had estimated. therobotreport.com

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Agility Robotics now expects to raise $465 million in its SPAC merger, less than first forecast

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