--- title: "Agility Robotics, Churchill XI file draft S-4 for merger; deal to provide ~$620M pro forma funding" type: "News" locale: "en" url: "https://longbridge.com/en/news/292673279.md" description: "Agility Robotics and Churchill XI filed a draft Form S-4 for a merger that will take Agility public under ticker AGLT. The deal provides ~$620M in gross proceeds, including $421M from trust cash and ~$201M in incremental financing. Proceeds will fund order fulfillment, production scaling of Digit v5, and platform investment. Closing is expected in 2026, subject to approvals." datetime: "2026-07-14T20:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292673279.md) - [en](https://longbridge.com/en/news/292673279.md) - [zh-HK](https://longbridge.com/zh-HK/news/292673279.md) generator: "portal-rs" --- # Agility Robotics, Churchill XI file draft S-4 for merger; deal to provide ~$620M pro forma funding **Agility Robotics and Churchill XI confidentially submitted a draft Form S-4 for their proposed business combination that would take Agility public and provide roughly $620 million in gross proceeds.** **Key Highlights:** - Confidential draft registration statement on Form S-4 filed July 13 for the proposed merger between Agility Robotics and Churchill XI. - Transaction expected to provide more than $620 million in gross proceeds, including $421M in Churchill XI trust cash and ~$201M incremental financing. - Combined company to operate as Agility and expected to list under ticker AGLT, creating a pure‑play publicly listed humanoid company. - Agility intends to use proceeds to fulfill orders, expand deployments, scale production of Digit v5 and invest in its robotics platform. - Closing expected in 2026, subject to shareholder approval, SEC review, regulatory approvals and customary closing conditions. Original SEC Filing: Churchill Capital Corp XI \[ CCXI \] - 8-K - Jul. 14, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [CCXI.US](https://longbridge.com/en/quote/CCXI.US.md) ## Related News & Research - [Churchill Capital Stock Rises as Sponsor Financing Adds Fuel to Agility Robotics Merger Plans](https://longbridge.com/en/news/295566950.md) - [Churchill Capital Shares Rise as $2.5 Billion Agility Robotics Merger Keeps Investors Engaged](https://longbridge.com/en/news/291800682.md) - [ZincFive, Spark I submit draft SEC filing for planned business combination](https://longbridge.com/en/news/295795092.md) - [13:32 ETTy J. Young Wealth Management Acquires Ray Cessna Advisory, Expanding Presence in Texas](https://longbridge.com/en/news/296385538.md) - [Nocera flags prior financial statements as unreliable, files restatement in SEC amendment](https://longbridge.com/en/news/296145907.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**