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Agility Robotics and Churchill Capital Corp XI Expect to Raise Approximately $465 Million and Complete Merger

Agility Robotics and Churchill Capital Corp XI announced that the expected gross capital raise from the merger and related financing is approximately $465 million (before transaction expenses), of which approximately $164 million comes from the Churchill XI trust account, approximately $201 million from a PIPE at $10 per share (led by Foxconn), and $100 million in equity financing received after the merger was announced.

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