Agility Robotics starts trading on Nasdaq after its SPAC merger

Agility Robotics has begun trading on the Nasdaq under the ticker AGLT after completing its merger with the special purpose acquisition company Churchill Capital Corp XI, The Robot Report reports. The outlet says it is the first US-based legged humanoid robot company to be publicly listed.

Its shares opened at USD 11.26, above the USD 10 per share price used in the deal, and later traded at USD 10.30. The company is based in Salem, Oregon.

Chief executive Peggy Johnson said Digit is doing real work in customer operations and that being public gives the company more resources to bring robots to more workplaces.