Foxconn is a corporate investor based in Taiwan. Its humanoid robotics portfolio includes Agility Robotics.
Round size: $465M
Round size: $465M
Round size: $465M
Agility Robotics Inc. is set to become the first dedicated humanoid company to go public in the US, marking a major milestone for the emerging category that still has a lot to prove.The startup begins trading Thursday on Nasdaq under the ticker “AGLT” after merging with special purpose acquisition company Churchill Capital Corp. XI. The company has about $465 million on hand before expenses, including a roughly $201 million public investment in private equity led by Foxconn, Apple Inc.'s main iP
Agility Robotics clears shareholder vote, expected to go public this week
Digit 5 includes redesigned legs and new batteries for commercial use. Source: Agility Robotics Agility Robotics has cleared a major hurdle in its planned initial public offering (IPO). Shareholders of Churchill Capital Corp XI approved the special purpose acquisition company’s (SPAC) proposed business combination with the humanoid developer, moving Agility closer to becoming a publicly-traded company. More than 84% of votes cast at a special shareholder meeting on Nov. 2 supported the deal. The SPAC is expected to close on Nov. 4. The combined company is expected to begin trading on the Nasdaq on Nov. 5 under