Churchill Capital Corp XI SEC Filings

Churchill Sponsor XI LLC and affiliates report beneficial ownership of 14,300,000 Churchill Capital Corp XI ordinary shares, representing 25.7% of the Class A ordinary shares. This position includes 500,000 Class A shares and 13,800,000 Class B founder shares that are automatically convertible into Class A on a one-for-one basis in connection with Churchill’s initial business combination.

The amendment describes a planned merger where Churchill will combine with Agility Robotics, Inc., with Agility becoming a wholly owned subsidiary. To support the transaction, Churchill has arranged a PIPE Investment of approximately $200 million of domesticated SPAC common stock at $10.00 per share, to close immediately before the merger, subject to conditions. New holders receiving shares in the merger will have registration rights and are generally restricted from transferring their shares for up to 180 days after closing unless the stock trades at or above a $12.00 VWAP for 15 trading days.

The sponsor and insiders have agreed to vote their shares in favor of the merger, avoid redemptions, and oppose competing business combination proposals, reinforcing support for the deal. An advisory agreement will pay an affiliate of M. Klein a fixed cash retainer of $250,000 per quarter for two years after closing in exchange for financial and strategic advisory services to the post‑closing company. Michael Klein may be deemed to share beneficial ownership of the 14,300,000 shares through his control of M. Klein Associates and the sponsor, though he disclaims ownership beyond any pecuniary interest.

Peggy Johnson, CEO of Agility Robotics, discussed Digit and the proposed business combination with Churchill Capital Corp XI on June 25, 2026. She described Digit as a humanoid for repetitive, narrow-aisle warehouse tasks delivered via robots-as-a-service or direct sale, asserted immediate ROI claims, and said Agility expects a cooperative-safety upgrade by year-end. Churchill will file a Registration Statement on Form S-4 to solicit shareholder votes on the proposed transaction.

Johnson framed the SPAC route as a fast, flexible path to public markets and emphasized first-mover commercial deployment, lower-cost sensors, AI layering, and partnerships with major technology players. Shareholders are directed to read the forthcoming proxy/prospectus materials when filed.

Churchill Capital Corp XI and Agility Robotics announced a proposed business combination to take Agility public, stating a combined implied value of about $2.5 billion. The sponsors expect to raise more than $620 million of gross proceeds, including over $200 million of committed capital and insider participation noted at over $60 million. Management described commercial deployments, binding Digit v5 orders totaling over $300 million, manufacturing capacity via RoboFab capable of up to 10,000 robots annually, and a path to reduce Digit bill of materials from $125,000 today toward a target of $30,000.

The presentation emphasized product-market fit in material handling, two commercial adoption models (RaaS and outright purchase) with RaaS payback under one year in the slides, safety and regulatory work enabling Digit v5 to operate near people, and planned filing of a Form S-4 and proxy materials with the SEC in connection with the transaction.

Churchill Capital Corp XI is proposing a business combination to take Agility Robotics public via a SPAC merger. The firms announced the transaction after a June 24, 2026 interview with Agility CEO Peggy Johnson discussing Digit, the company’s humanoid robot deployed in warehouses and industrial settings. The filing states Churchill intends to file a Registration Statement on Form S-4 and to distribute preliminary and definitive proxy statements and a prospectus to shareholders in connection with the vote on the proposed transaction.

The interview highlights Agility’s deployed operations data, claims of multi-shift runtime (about 20 out of 24 hours), and lifting capability of 50 pounds. The communication contains customary forward-looking statement disclosures and identifies risks including emerging-technology commercialization, financing needs, regulatory approvals and potential shareholder redemptions. Shareholders are directed to review the Form S-4, proxy statement/prospectus and related SEC filings when available for complete transaction terms.

Churchill Capital Corp XI (CCXI) and Agility Robotics announced a proposed business combination that would take Agility public in a transaction valuing the company at about $2.5 billion. The parties expect gross transaction proceeds of over $600 million, including $420 million from Churchill XI and a PIPE of more than $200 million led by Foxconn. Agility’s humanoid robot Digit is used by customers including Amazon, GXO, Schaeffler and Toyota Motor Manufacturing Canada. Management projects Agility’s Salem, Oregon plant could reach production of 10,000 units annually when fully operational. Churchill will file a Registration Statement on Form S-4 and distribute proxy/prospectus materials to shareholders for the required vote.

The company provided employee talking points and internal guidance following the announcement of a proposed business combination between Churchill Capital Corp XI and Agility Robotics, Inc. Churchill intends to file a registration statement on Form S-4 and will distribute preliminary and definitive proxy statements/prospectuses to shareholders.

The communication reiterates standard cautionary language about forward-looking statements, directs shareholders to review the proxy materials once filed, and explains where free copies will be available.

Agility Robotics has signed a definitive agreement to combine with Churchill Capital Corp XI (Nasdaq: CCXI), marking a proposed business combination that would take Agility public. The companies say Churchill will file a Form S-4 registration statement containing proxy materials and a prospectus for the securities to be issued to Agility stockholders. Shareholder approval by Churchill is required and documents will be mailed to shareholders after the Registration Statement is filed and declared effective. The June 24, 2026 communication links to a press release, investor presentation and webcast and notes customary forward-looking statements and risk factors.

Churchill Capital Corp XI and Agility Robotics announced a definitive agreement to combine, disclosed in an Agility CEO email dated June 24, 2026. The communication states Churchill will file a registration statement on Form S-4 and distribute preliminary and definitive proxy statement/prospectus materials to Churchill shareholders and Agility stockholders for the required vote.

The message frames the transaction as a path for Agility to become publicly traded and to access capital to advance its product roadmap. The filing process, shareholder votes and customary closing conditions are described as prerequisites to completion.

Agility Robotics announced a definitive agreement to combine with Churchill Capital Corp XI. The company stated the transaction was announced June 24, 2026 and, if closed, the combined public company is expected to trade under the ticker AGLT on Nasdaq.

The filing states Churchill will file a registration statement on Form S-4 that will include proxy materials and a prospectus for the shareholders' vote and securities offering. Shareholders are advised to read the preliminary and definitive proxy statement/prospectus once available.