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Churchill Capital Corp XI 8-K Filings

CCXI NASDAQ

Every 8-K that Churchill Capital Corp XI (CCXI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CCXI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCXI filings page.

Rhea-AI Summary

Churchill Capital Corp XI (CCXI) furnished investor-day materials on its proposed business combination with Agility Robotics, Inc. Under the June 24, 2026 merger agreement, Churchill would continue from the Cayman Islands to Delaware, after which its wholly owned Merger Sub would merge into Agility. Agility would survive as Churchill’s wholly owned subsidiary, and Churchill would change its name to Agility Robotics, Inc. The transaction will be submitted to Churchill shareholders and remains subject to the merger agreement’s conditions.

The proposed transaction contemplates a $2.5 billion pre-money equity value and $620 million in gross proceeds. The stated plan is to use 100% of net proceeds for growth, with no cash to shareholders. Agility reports $300 million+ in committed Digit 5 orders as of May 2026, tied to 1,000 robots under a three-year Robots-as-a-Service contract and subject to the realization of certain contractual milestones. The orders represent potential multi-year value, not current-period revenue. Agility also reports 9 committed customer facility deployments and 65,000 operating hours as of May 2026.

Agility says Digit 5 remains under development and is not commercially available. A strategic rollout to existing partners is expected in the first half of 2027, with general availability expected by the end of 2027. Agility also states that it has yet to achieve positive operating cash flow and expects significant expenses and continuing losses for the foreseeable future.

Rhea-AI Summary

Churchill Capital Corp XI entered into a material definitive agreement on August 7, 2026 by issuing an unsecured promissory note of up to $1,500,000 to its sponsor, Churchill Sponsor XI LLC, to fund working capital.

The note bears no interest and matures at the earlier of the company’s initial business combination or its liquidation. At the sponsor’s option, amounts outstanding may be converted into Conversion Units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-tenth of one warrant. Each whole warrant is exercisable for one Class A ordinary share at $11.50 per share. The Conversion Units will be identical to the private placement units issued at the IPO and will have registration rights.

Rhea-AI Summary

Churchill Capital Corp XI and Agility Robotics announced the confidential submission of a draft registration statement on Form S-4 to the SEC, marking a key step toward their previously disclosed business combination under which Agility would become a publicly traded company.

Upon closing, the combined company will operate as “Agility” and is expected to trade on a major North American exchange under the ticker “AGLT”, positioned as the only U.S. publicly listed pure-play humanoid company with proven commercial deployments. The transaction is expected to provide more than $620 million in gross proceeds, including $421 million in Churchill XI trust cash (assuming no redemptions) and approximately $201 million of incremental common stock financing. Agility plans to use proceeds to fulfill existing orders, expand deployments, scale production of its Digit v5 humanoid robot and invest in its robotics, AI, safety and manufacturing platform. Closing is targeted for 2026, subject to Churchill XI shareholder approval, SEC review of the S-4, required regulatory and exchange approvals and other customary conditions.

Rhea-AI Summary

Churchill Capital Corp XI entered into a new unsecured promissory note with its sponsor, Churchill Sponsor XI LLC, to help fund working capital. The note allows the Company to borrow up to $1,500,000 with no interest. It will mature upon either the completion of an initial business combination or the Company’s liquidation.

At the sponsor’s option, amounts outstanding can be converted into units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-tenth of a warrant, with each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share. These conversion units match the private placement units from the Company’s IPO and carry registration rights.

Rhea-AI Summary

Churchill Capital Corp XI entered into a definitive merger agreement with Agility Robotics, Inc., valuing Agility at a pre-money equity value of $2.5 billion. After a domestication to Delaware, Churchill will be renamed Agility Robotics, Inc. and Agility will become its wholly owned subsidiary.

The combination is expected to provide more than $620 million of gross proceeds, including a $200 million PIPE investment in common stock at $10.00 per share, with all existing Agility shareholders rolling their equity. Closing is subject to shareholder approvals, an effective Form S-4, Nasdaq listing of the domesticated SPAC common stock, and a $200 million minimum available cash condition.

Agility reports over $300 million of multi‑year orders for its Digit v5 humanoid robots, deployment commitments across nine facilities with more than 65,000 operating hours, and manufacturing capacity designed for up to 10,000 units annually. Churchill also entered into related voting, registration rights, sponsor, subscription and advisory agreements, including an advisory agreement paying $250,000 per quarter for two years after closing.

Rhea-AI Summary

Churchill Capital Corp XI reported governance changes, appointing Paul Lapping and Stephen Murphy to its board of directors, effective immediately. Both will join the compensation and audit committees, with Lapping becoming chair of the audit committee, replacing William Sherman, who remains a committee member.

The company entered into director agreements with Sherman, Lapping and Murphy providing cash compensation of $75,000 per year starting April 1, 2026. Lapping and Murphy also signed the existing sponsor letter agreement, waiving certain redemption rights and agreeing to vote their shares in favor of an initial business combination, and each entered into a standard director indemnification agreement.

Rhea-AI Summary

Churchill Capital Corp XI filed an 8-K to announce that its units will begin separate trading into common shares and warrants. Starting February 9, 2026, each unit, which currently trades under the symbol CCXIU, can be split into one Class A ordinary share and one-tenth of one redeemable warrant.

The Class A ordinary shares will trade on the Nasdaq Global Market under the symbol CCXI, and the whole warrants will trade under CCXIW. No fractional warrants will be issued, and any units that are not separated will continue to trade as units under the CCXIU symbol. Holders must work through their brokers and the transfer agent to complete the separation.