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Agility Robotics completed its SPAC merger with Churchill Capital Corp XI and began trading on the Nasdaq, ending its first session at $11.49 as the manufacturer works to scale commercial deployment of its Digit humanoid.
A dramatic post-IPO selloff of Unitree Robotics shares has wiped out nearly half the company's market value, raising critical questions about the commercial viability of low-cost humanoid hardware.
As humanoid robotics firms eye public listings, Agility Robotics' use of SPAC mergers highlights the complex financial strategies needed to scale production and maintain market trust.