Agility Robotics lowers expected SPAC proceeds to $465 million ahead of November 4 close
· Source: The Robot Report
Agility Robotics now expects about $465 million in gross proceeds from its merger with Churchill Capital Corp XI, down from the $620 million estimated in June. The total includes a Foxconn-led PIPE of about $201 million; the Digit maker reports over $300 million in committed Digit 5 orders and plans to close the deal on November 4.
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