Agility Robotics, the maker of the two-legged logistics robot Digit, has begun trading on the Nasdaq under the ticker AGLT — the first US humanoid-robot company to go public. The company reached the market through a SPAC merger with Churchill Capital Corp XI.
The offering
Pre-money valuation of 2.5 billion dollars; the transaction is expected to raise about 465 million dollars after shareholder redemptions. The PIPE (10 dollars a share) was about 201 million dollars, led by Foxconn, with Nvidia and Amazon participating.
Commercial traction
Digit is already at nine customer sites, with more than 300 million dollars in multi-year orders for Digit 5 and deliveries from H1 2027.
Market reaction
Shares opened at 5 dollars and rose as much as 79.8 percent to 8.99 dollars on the first day.
Canonical blog: https://www.threerouter.com/blog/337
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