Churchill Capital Corp XI filed a Current Report on Form 8-K with the Securities and Exchange Commission on October 6, 2026. The filing discloses that Churchill entered into an Agreement and Plan of Merger with Agility Robotics, Inc. on June 24, 2026. Under the terms of the agreement, Agility will merge with and into a wholly-owned subsidiary of Churchill, with Agility continuing as the surviving entity and becoming a wholly-owned subsidiary of Churchill.
The proposed transaction includes a transfer of the company's registration from the Cayman Islands to the State of Delaware, known as the Domestication. Following this change, Churchill intends to change its name to Agility Robotics, Inc. The filing states that Agility held an analyst and investor day on October 6, 2026, to present information regarding the business combination.
Churchill has filed a registration statement on Form S-4 with the SEC. This document includes a preliminary proxy statement/prospectus intended for distribution to Churchill shareholders in connection with the vote on the proposed transaction. The filing warns that the proposed transaction is subject to the approval of Churchill’s shareholders and other closing conditions.
The 8-K also includes a copy of an investor presentation dated October 6, 2026, which was furnished as Exhibit 99.1. The presentation outlines the proposed business combination and includes forward-looking statements regarding Agility’s future development plans, including the expected timing and general availability of its Digit 5 humanoid robot. It also discusses Agility’s manufacturing capacity, production plans, and strategic partnerships, such as its collaboration with NVIDIA.