Agility Robotics, a company developing humanoid robots, is set to go public through a merger with a special purpose acquisition company (SPAC) valued at about $2.5 billion, according to multiple reports. Quartz and Channel NewsAsia say the deal is backed by Michael Klein through his investment vehicle, Churchill Capital Corp XI. Under the transaction, Agility Robotics will list on a public market using the ticker “AGLT” after the merger with the SPAC. The reported arrangement involves taking the robotics company public rather than conducting a traditional initial public offering. The sources describe the transaction size as roughly $2.5 billion and identify the SPAC sponsor as linked to Michael Klein. Details on the final terms, timing, and any pricing or conditions of the merger are not included in the provided excerpts. Both reports frame the announcement as a route for Agility Robotics to enter public markets through the SPAC structure.