Churchill XI director acquires 9.94M shares in merger
Legacy Agility common stock and stock options automatically converted into corresponding CCXI securities under the merger agreement.
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Rhea-AI Filing Summary
Churchill Capital Corp XI (CCXI) director Damion Shelton acquired 9,938,151 common shares in the November 4, 2026 business combination. The merger terms also converted Legacy Agility stock options into options covering 230,050 CCXI shares; those options are fully vested and exercisable at $0.56 per share and expire December 31, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option F1, F2 | 230,050 | -- | -- |
| Grant/Award | Common Stock F1 | 9,938,151 | -- | -- |
Footnotes (2)
- F1. Represents securities received as part of the Issuer's business combination, in connection with the Agreement and Plan of Merger and Reorganization, dated as of June 24, 2026 (as amended, modified, supplemented or waived from time to time, the "Merger Agreement"), by and among the Issuer (formerly known as Churchill Capital Corp XI), BLB Merger Sub, Inc. and Agility Robotics, Inc. ("Legacy Agility"), pursuant to which the common stock of Legacy Agility automatically converted into newly issued shares of Common Stock of the Issuer, pursuant to the terms of the Merger Agreement. In addition, each Legacy Agility stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement.
- F2. The stock option is fully vested and exercisable.
Key Figures
Key Terms
business combination financial
Agreement and Plan of Merger and Reorganization regulatory
fully vested and exercisable financial
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