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Churchill Capital Corp XI announced a proposed business combination with Agility Robotics, valuing the humanoid-robotics company at $2.5 billion. The deal is expected to generate about $620 million in capital, including a $200 million PIPE led by Foxconn.
“The merger values Agility at $2.5 billion and is expected to generate about $620 million in capital, including Churchill's SPAC trust and a PIPE financing.”stocktitan.net
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