“White-haired Stock God” Serenity: Agility Robotics merger approved, only about 15.95 million freely tradable shares remain

Odaily reports: “White-haired Stock God” 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 company listed in the United States.

Agility Robotics is backed by NVIDIA, Amazon, Foxconn, and SoftBank, and is mainly focused on using humanoid robots to automate manual work in warehousing and manufacturing.

Regarding equity, 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 warned that due to the significant reduction in freely tradable shares, AGLT may experience notable price volatility after listing. Serenity also disclosed that they bought CCXI shares that day and hold the relevant position.