Churchill Capital Corp XI filed a current report on Form 8-K on October 30, 2026, disclosing that Agility Robotics' gross capital raise in connection with the proposed merger transaction is expected to be approximately $465 million, before transaction expenses, following the expiration of Churchill's redemption deadline.

Key Highlights

  • Capital raise figure: Agility Robotics' gross capital raise in connection with the proposed transaction and related financings is expected to be approximately $465 million, before transaction expenses, according to the filing.
  • Shareholder vote scheduled: Churchill has scheduled an extraordinary general meeting for November 2, 2026, at 9:00 a.m. Eastern Time, to vote on, among other things, approval of the Merger Agreement.
  • Merger Agreement date: Churchill entered into the Agreement and Plan of Merger with BLB Merger Sub, Inc. and Agility Robotics, Inc. on June 24, 2026, according to the filing.
  • Registration Statement effective: The Form S-4 registration statement filed jointly by Churchill and Agility was declared effective by the SEC on October 13, 2026, according to the filing.
  • Record date for voting: The record date established for voting on the proposed transaction was September 14, 2026, as disclosed in the filing.
  • Redemption reversal option: Shareholders who previously submitted redemption requests may withdraw them at any time prior to the scheduled vote at the extraordinary general meeting, according to the filing.

Agility Robotics Merger Capital Raise and Shareholder Vote Details

Churchill Capital Corp XI (NASDAQ:CCXI), a Cayman Islands exempted company, filed this current report under Rule 425 of the Securities Act to disclose information shared jointly with Agility Robotics, Inc. via a press release dated October 30, 2026. According to the filing, following the expiration of Churchill's redemption deadline, Agility's gross capital raise in connection with the proposed transaction and related financings is expected to be approximately $465 million, before transaction expenses.

The filing describes a proposed merger involving Churchill, BLB Merger Sub, Inc. (a direct, wholly-owned subsidiary of Churchill), and Agility Robotics, Inc. The Agreement and Plan of Merger was entered into on June 24, 2026, and a joint Form S-4 registration statement, which includes a definitive proxy statement/prospectus, was declared effective by the SEC on October 13, 2026. The definitive proxy statement/prospectus and other relevant documents were distributed to eligible shareholders and stockholders as of September 14, 2026, the record date established for the vote.

Shareholders who submitted redemption requests retain the option to reverse those elections at any time before the scheduled vote. The filing specifies that reversal requests must be submitted in writing to Continental Stock Transfer and Trust Company, One State Street Plaza, 30th Floor, New York, NY 10004, Attn: SPAC Redemption Team, or by email. The filing notes that shareholders holding shares in street name must instruct their bank or broker to request a reversal on their behalf. Churchill cautions that the information furnished under Item 7.01 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into Churchill's Securities Act or Exchange Act filings.

What Was Disclosed

Churchill Capital Corp XI filed an 8-K on October 30, 2026, disclosing that Agility Robotics' expected gross capital raise tied to the proposed merger is approximately $465 million before transaction expenses, and providing details on the upcoming November 2, 2026 shareholder vote and redemption reversal procedures.