Agility Robotics, Inc. (f/k/a Churchill Capital Corp XI) filed a Form 10-Q with the SEC on November 13, 2026, covering the quarterly period ended September 30, 2026, its first filing under the Agility Robotics name following the November 4, 2026 consummation of the Agility Robotics Business Combination.
Key Highlights
- Business combination closed November 4, 2026: Churchill Capital Corp XI completed the Agility Robotics Business Combination, merging with Old Robot Holdings, Inc. (f/k/a Agility Robotics, Inc.) and changing its name to Agility Robotics, Inc.
- Stockholder approval on November 2, 2026: The company's stockholders approved the merger, after which Merger Sub merged with and into Legacy Agility, with Legacy Agility surviving as a wholly owned subsidiary.
- 242,089,880 shares outstanding: As of November 12, 2026, there were 242,089,880 shares of Common Stock, par value $0.0001 per share, issued and outstanding.
- Financial statements cover the pre-combination period: According to the filing, the information in this quarterly report does not reflect the consummation of the Agility Robotics Business Combination, which occurred subsequent to the period covered.
- Working capital loan in place: The filing references an unsecured promissory note dated August 7, 2026, issued by the company to the Sponsor in an aggregate principal amount of up to $1,500,000.
- Warrants also listed on Nasdaq: The company's warrants, each exercisable for one Class A Common Stock at an exercise price of $11.50 per share, trade under the symbol AGLTW on the Nasdaq Stock Market LLC.
Agility Robotics Business Combination: Structure and Reporting Scope
Agility Robotics, Inc., listed on NASDAQ:AGLT, filed this quarterly report as the successor entity to Churchill Capital Corp XI ("CCXI"), a Cayman Islands exempted company. According to the filing, the Agility Robotics Business Combination was consummated on November 4, 2026, pursuant to an Agreement and Plan of Merger and Reorganization dated June 24, 2026. The transaction involved BLB Merger Sub, Inc., a wholly-owned subsidiary of CCXI, merging with and into Old Robot Holdings, Inc. (formerly known as Agility Robotics, Inc.), referred to in the filing as "Legacy Agility," with Legacy Agility surviving as a wholly-owned subsidiary of CCXI.
The filing states clearly that "the information in this Quarterly Report does not reflect the consummation of the Agility Robotics Business Combination," since that event occurred after September 30, 2026, the close of the reporting period. As a result, the financial statements contained within - including balance sheets as of September 30, 2026 and December 31, 2025, and statements of operations covering the three and nine months ended September 30, 2026 - reflect CCXI's pre-combination financial position and results.
The company disclosed that as of November 12, 2026, there were 242,089,880 shares of Common Stock outstanding at a par value of $0.0001 per share. The company also identified itself as a non-accelerated filer, a smaller reporting company, and an emerging growth company under SEC definitions. In addition to its Class A Common Stock trading under the symbol AGLT, the company's warrants trade under the symbol AGLTW on the Nasdaq Stock Market LLC, with each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share.
What Was Disclosed
Agility Robotics, Inc. filed a 10-Q for the quarter ended September 30, 2026, disclosing the structure and timing of its November 4, 2026 business combination with Legacy Agility, while noting that the financial statements cover only the pre-combination period.




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