The humanlike robotics maker has signed a definitive merger agreement with Churchill Capital and expects to list as AGLT after a vote and SEC review.
Agility Robotics has signed a definitive agreement to go public through a merger with Churchill Capital, a special-purpose acquisition company backed by Michael Klein, in a deal that values the company at $2.5 billion pre-money. The combined company is expected to trade under the ticker AGLT on a major North American exchange and generate more than $620 million in gross proceeds, including about $420 million from Churchill’s trust account and $200 million from a common-stock PIPE priced at $10 a share. Agility said the proceeds will be used to fulfill customer orders, scale production of its Digit v5 humanoid robot and expand commercial deployments. The transaction, which remains subject to a Churchill shareholder vote and SEC review, is expected to close later in 2026. Agility said Digit is already operating at nine customer sites, including facilities run by Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre, with more than 65,000 hours logged across manufacturing, distribution and logistics settings.