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Stock marketBrief

Digit humanoid heads for the Nasdaq: shareholders vote on the Agility Robotics merger on 2 November

Shareholders of the acquisition company Churchill Capital Corp XI will vote on 2 November on the merger with the US maker of the Digit humanoid, Korean site Robot Newspaper reports.

Published on · 1 min read · 1 sourceDigit sheet →

Agility Robotics announced on the 13th (local time) that the SEC had declared effective the S-4 registration statement filed with Churchill Capital XI. If the merger is approved, the combined entity will be listed on the Nasdaq under the name Agility.

The company says the deal will create the only listed company specialising in humanoids that can point to real commercial deployments in the United States.

The money raised will be used to fulfil existing orders, extend deployments and increase production of the Digit 5. Agility claims firm orders for this model, but they remain subject to contractual milestones and to the product meeting its specifications.

By the end of 2027, the company is aiming for about 100 potential customers in active discussion, up from about thirty today, and up to 25 customer sites equipped, up from 9 at present.

Source

  1. 로봇신문 Robot Newspaper · irobotnews.com

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