Agility Robotics Closes at $11.49 on Nasdaq Debut as Nasdaq Falls 5.5%

Agility Robotics shares closed at $11.49 on their first day of trading on Nasdaq, Nov. 5, 15 percent above the $10 price set in its SPAC deal, while the Nasdaq fell 5.52 percent, according to The Robot Report. The stock traded between $8.40 and $12.15.

A SPAC is a listed shell company that merges with a private one. Agility combined with Churchill Capital Corp XI and trades as AGLT, with warrants as AGLTW. The Robot Report headlined the deal at $2.5 billion.

What the first session looked like

The stock opened at $11.26 and closed up about 2 percent from the open. The intraday low of $8.40 was 16 percent under the deal price, and the high of $12.15 was 21.5 percent over it.

Price point, Nov. 5	Per share
Deal price	$10.00
Low	$8.40
Open	$11.26
High	$12.15
Close	$11.49

1. Low8.4 $
2. Deal price10 $
3. Open11.26 $
4. Close11.49 $
5. High12.15 $

Source: The Robot Report, Nov. 5, 2026, accessed 2026-11-06

Where the $465 million came from

Churchill XI told shareholders in a Form 8-K that the deal would bring in about $465 million gross before expenses. About $164 million came from the shell's trust account, about $201 million from a stock placement at $10 a share led by Foxconn, and $100 million of equity Agility received after the deal was announced.

The three parts add to $465 million, and the trust figure is the only redemption-related number disclosed. The release gives no redemption rate and no valuation, and it quotes no executive. Shareholders approved the merger on Nov. 2 with more than 84 percent of votes cast in favor, and the release expected the deal to close Nov. 4.

Foxconn led the $201 million placement, so the largest single piece of new money came in at exactly the $10 deal price.

$300 million of orders against a $2.5 billion deal

Agility reported more than $300 million in committed multiyear orders for its Digit 5 robot, The Robot Report said, with early-access deliveries expected in 2027. Set against the $2.5 billion headline, that is a deal worth about 8 times the committed orders, and none of the orders has shipped yet.

The Robot Report's account carries no revenue or loss figures. The company, whose chief executive is Peggy Johnson, calls itself "the first pure-play legged humanoid company to go public," a description of its own making.

For comparison, Serve Robotics' third-quarter report gives deployed-robot counts for a public sidewalk-robot company, and China's block of SoftBank's ABB Robotics purchase shows how a robotics deal can fail at the regulator.

The next hard evidence is the first quarterly report as a public company, which should state revenue, losses and whether the Digit 5 deliveries remain on the 2027 schedule.