Agility Robotics debuts as first pure-play humanoid on Nasdaq

Agility Robotics began trading on Nasdaq as AGLT on November 5, becoming the first U.S. publicly listed pure-play humanoid robotics company with active commercial deployments. The listing follows the completion of its business combination with the special purpose acquisition company Churchill Capital Corp XI, a transaction and related financings that raised approximately $465 million in gross capital before transaction expenses. In its debut session shares were changing hands near $9.18 in late-morning U.S. trading, roughly 18 percent below the $11.26 reference at which the predecessor Churchill XI shares had last traded, after moving between $8.40 and $11.49 on the day.

Key Takeaways Agility…