Churchill Capital Corp XI (CCXI) · Nov 6, 2026 · Share issuance
1.18M-share equity plan — 1,180,473 initial shares; 6,257,447 maximum
Agility Robotics’ equity plan amendment sets a 1.18 million-share initial reserve after its SPAC close, with no operating update or immediate share issuance.
Agility is moving from a venture-backed humanoid-robotics builder into a newly public operating company following its completed combination with Churchill and Nasdaq debut. Its business story is still about commercializing Digit and scaling production; this filing is administrative rather than an update on deployments, customers, or finances.
The amendment establishes the equity-compensation framework, not new operating momentum. The plan is designed to attract and retain employees through stock awards. 〔0〕
| Plan figure | Current | Comparison |
|---|---|---|
| Initial award reserve (Section 4.1) | 1,180,473 shares | 2,128,786 prior wording |
| Maximum shares issuable (Section 4.1) | 6,257,447 shares | — |
The immediate reserve is smaller than the prior wording, but there is no actual issuance here. The amended Section 4.1 permits awards covering up to 1,180,473 shares, versus 2,128,786 in the earlier text, while retaining a 6,257,447-share overall ceiling. 〔1〕 〔2〕 That modestly tightens the near-term equity pool on paper, but the filing does not disclose grants, vesting, pricing, or incremental dilution.
Bottom line: This is post-combination housekeeping that puts Agility’s employee-equity machinery in place. The lower initial reserve is a detail, not a change to the company’s robotics execution story, so the event is routine rather than a new signal about the business.
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