Agility now expects $465 million from its SPAC merger, below the earlier $620 million target
AIAgility Robotics and Churchill Capital Corp XI say the merger should raise about $465 million, including $164 million from the trust account and $201 million from a PIPE led by Foxconn. The total is below the $620 million announced in June at a $2.5 billion valuation.
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The Robot Report · Eugene Demaitre · therobotreport.comPublished · added here
Original title: Humanoid developer Agility now expects to raise $465M in SPAC deal