"White-Haired Stock Guru" Serenity: Agility Robotics Merger Approved, Only About 15.95 Million Public Float Shares Remain

Odaily reports that "White-Haired Stock Guru" Serenity posted that the Agility Robotics merger transaction has now been approved and is expected to close on November 4, with its stock ticker AGLT expected to begin trading on November 5. If completed as planned, the company will become the first pure-play humanoid robotics concept to list in the United States.

Agility Robotics is backed by Nvidia, Amazon, Foxconn, and SoftBank, among others, and is primarily focused on using humanoid robots to automate manual labor in warehousing and manufacturing.

On the equity side, approximately 61.48% of the 41.4 million public shares (about 25.45 million shares) have been redeemed, leaving about 15.95 million public shares available for trading. Serenity cautioned that due to the significant reduction in the public float, AGLT may experience notable price volatility after listing. Serenity also disclosed that they purchased CCXI shares that day and hold the related position.