Ropes & Gray represented the PIPE placement agents and capital markets advisor to Churchill Capital Corp XI in connection with the business combination between Churchill XI and Agility Robotics, Inc., a humanoid robotics and physical AI company. The transaction closed on November 4th.
Agility becomes the first U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments.
Agility is a humanoid robotics and physical AI company whose mission is to build robot partners that augment the human workforce and lead the adoption of humanoids everywhere. Agility’s flagship humanoid robot, Digit, is commercially deployed in manufacturing, distribution and logistics environments.
Churchill XI was a blank check company formed for the purpose of effecting a merger with one or more businesses.
The team was led by capital markets partner Paul Tropp.
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