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:
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