Agility Holds Its Ground on Day One

NEW YORK, Nov. 5 — AgilityAgility Robotics, the maker of the two-legged robot Digit, closed its first day of trading on Nasdaq as AGLT at $11.51 on Thursday, up 2.2 percent, on a day the Nasdaq Composite fell 5.52 percent. The rise was measured from $11.26, Wednesday’s close for Churchill Capital Corp XI, the blank-check company it merged with that day.

It was not a quiet session. The shares opened at $11.38, by Nasdaq’s record, traded as high as $12.15 and as low as $8.40, and about 5.6 million changed hands. The warrants, which trade as AGLTW, did worse: they fell 9.8 percent, to $4.51.

The companies billed the result as “the only U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments,” which makes Agility’s share price a daily public reading on humanoid robots as a business. On its first day that reading closed 15 percent above the $10 a share at which Foxconn and other private investors committed about $201 million. In all, the merger’s financing came to about $465 million before expenses, including $100 million of equity Agility received before the deal closed, The Robot Report said, against more than $620 million the companies had projected if no shareholders redeemed.The Lock-UpShares held by Agility’s existing holders and by Churchill XI’s sponsor cannot be sold for 180 days after the Nov. 4 close, subject to early release if the stock performs, The Robot Report says.

The business under the price is still small: Agility had net sales of $1.78 million in 2025, about 64 percent of them to related parties, and a net loss of $138.1 million, its prospectus shows. The related-party sales were “primarily driven by sales of Digit robots to one investor,” it says. In the six months to June 30, 2026, net sales were $174,000, against $625,000 a year earlier, and the net loss was $361.9 million, against $71.8 million. The prospectus also warned there was no assurance the deal’s proceeds would be enough to fund Agility for a year or to relieve “the conditions that raise substantial doubt about Agility’s ability to continue as a going concern.”

Agility points to what is ahead: more than $300 million in committed multiyear orders for its next robot, Digit 5, subject to contractual milestones and product specifications, with deliveries to early-access customers expected in 2027, by The Robot Report’s account. “Today marks an important milestone for Agility, but the bigger story is what it means for the future of work,” Peggy Johnson, its chief executive, said, as quoted by The Robot Report.

The next document to watch is Agility’s first report as a public company on the merger’s close, which should give its share count. None had appeared on EDGAR by Friday morning.