‘Digit’ maker Agility Robotics to go public in $2.5B deal — here’s what the filings say about its finances (opens original article in a new tab)
Agility Robotics, maker of the humanoid robot Digit, is set to go public via a $2.5 billion merger with a SPAC, securing $620 million in funding despite remaining unprofitable.
- Agility Robotics is going public through a merger with Churchill Capital Corp XI, valuing the company at $2.5 billion.
- The merger provides over $620 million in cash, including $420 million from Churchill and $200 million from Foxconn.
- Agility remains unprofitable, with operating expenses rising to $111 million in 2025 and burning $100 million in cash.
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