
Shareholders have approved the merger between Churchill Capital Corp. XI Cl A and the industrial robotics company Agility Robotics. For investors who don't have access to Chinese stocks that don't trade on a US exchange, it will be the first pure-play humanoid robotics company on the market. At the original offer price of $10.00 per share, Agility Robotics will have a pro forma enterprise value of $3.36 billion. With just $1.78 million in sales last year (an astronomical Price/Sales ratio of over 1,887) and a loss from operations of approx. $140 million, the shares will be valued almost solely on future expectations.










