Churchill Capital Corp XI and Agility Robotics, Inc. announced the confidential submission of a draft registration statement on Form S-4 to the SEC on July 13, 2026, regarding their previously announced merger agreement. The transaction will require shareholder approval and the filing of a registration statement containing a proxy statement and prospectus. Churchill Capital Corp XI is a special purpose acquisition company (SPAC) formed to effect a business combination.

On July 2, 2026, Churchill Capital Corp XI issued an unsecured promissory note to its sponsor, Churchill Sponsor XI LLC, for an aggregate principal amount of up to $1,500,000 to fund working capital needs. The note is non-interest bearing and matures upon the company's liquidation or the closing of an initial business combination. The sponsor may convert the outstanding amount into units at a price of $10.00 per unit, where each unit comprises one Class A ordinary share and one-tenth of a warrant exercisable at $11.50 per share. The company is a special purpose acquisition company (SPAC) formed to effect a business combination.