The SPAC Sponsor Behind Lucid and Oklo Is Taking Agility Robotics Public on Nov. 5. Here's What Those 2 Stocks Did in Their First 90 Days.
Agility Robotics , a developer of humanoid robots for warehouses, logistics hubs, and manufacturing plants, will go public through a merger with Churchill Capital Corp XI (NASDAQ: CCXI) , a special purpose acquisition company (SPAC), on Nov. 4. Its stock will start trading on the Nasdaq under the ticker symbol "AGLT" on Nov. 5. Agility's flagship product is Digit, a bipedal humanoid robot that can move heavy items and navigate narrow aisles, stairs, and ramps on its own. Nvidia and Amazon back it, and it's signed multi-year contracts with Toyota , GXO Logistics , MercadoLibre , and Schaffer . Image source: Agility Robotics. Continue reading