Churchill Capital Corp XI: First To Market Humanoid Robotics

Kingdom Capital 5.33K Followers Follow Summary Churchill Capital Corp XI is taking Agility Robotics public at a $2.5B valuation, with the combined entity to trade as AGLT. Agility boasts over $300M in multi-year orders for Digit v5, with real deployments at major customers and a robust investor base including NVIDIA and Amazon. CCXI buyers at $14/share are paying a ~$4.8B market cap, implying ~20x run-rate revenue if Agility executes on its current order book. Competition is fierce, but Agility’s documented U.S. deployments and warehouse specialization could provide a defensible niche if scaling and cost targets are met. peshkov/iStock via Getty Images I've had some fun with pre-deal SPACs in the past, most recently with Colombier Acquisition Corp. III ( CLBR ) before it became GrabAGun Digital Holdings ( PEW ). Today I want to take a look This article was written by Kingdom Capital 5.33K Followers Follow Deep value investor focused primarily on microcap stocks. Registered Investment Advisor located in Virginia. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CCXI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.