Latham Advises Agility Robotics on US$2.5 Billion Merger With Churchill Capital Corp XI

Agility Robotics, Inc., a leading humanoid robotics and physical AI company, and Churchill Capital Corp XI (Nasdaq: CCXI), a publicly traded special purpose acquisition company, have announced they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company is expected to operate as Agility and be listed on a major North American exchange under the ticker symbol AGLT.

Latham & Watkins LLP advised Agility Robotics on the transaction with a corporate deal team led by New York partner Peyton Worley, Houston partner Ryan Maierson, Austin partner Mollie Duckworth, and New York counsel Evan Kirsch, with associate Martin Taxay. Advice was also provided on corporate matters by associates Regan Barney, Carol Bale, and Ann Johnson; on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Dominick Constantino; on intellectual property matters by New York partner Pelin Serpin, with associate Laura Geraci; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Phil Goldberg; on privacy matters by San Diego/San Francisco counsel Jennifer Howes, with associate Diya Jajal; on antitrust matters by Washington, D.C. partner Michael Egge, with associate William Reed; on employment matters by New York partner Sandra Benjamin; and on benefits matters by Boston partner Josh Friedman, with associate Rebecca Fishbein.