Nvidia-backed Agility goes public, becomes America’s first humanoid robot stock

Image: Cryptopolitan
The Nvidia-backed humanoid robot maker, Agility Robotics (NASDAQ: AGLT), will make its trading debut on the Nasdaq when markets open November 5. The market debut, arranged via a $465 million SPAC merger, means the United States finally has a publicly traded company with humanoid robots as its core business. The milestone moment arrives roughly three months after Unitree went public in China at an almost 20x valuation of the US humanoid robots maker. How Agility went public Agility’s first trading day arrives via a reverse merger with Churchill Capital Corp XI, a special purpose acquisition company run by financier Michael Klein. Pre-money equity was set at $2.5 billion.
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