Agility Robotics begins trading on Nasdaq
The Robot Report: How did Agility Robotics perform on its first day on the stock market?
Agility says its Digit 5 humanoids can lift up to 50 lb. | Source: Agility Robotics Earlier today, Agility Robotics began trading on the Nasdaq Stock Market under the ticker “AGLT.” The company claimed that it is “the first pure-play legged humanoid company to go public.” Agility started the day trading at $11.26 per share, above the initial $10 per share price used in the SPAC deal. It was a day of ups and downs, as it was for many tech stocks. It hit its lowest price at $8.40, and
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Agility Robotics began trading on the Nasdaq under ticker "AGLT," claiming to be the first pure-play legged humanoid company to go public. The stock opened above its initial offering price of $10 per share and closed the day up 2% at $11.49, outperforming the broader Nasdaq which dropped 5.52% due to losses in AI-related stocks and uncertainty following midterm elections. The company raised approximately $465 million in gross proceeds through a merger with a special-purpose acquisition company and has more than $300 million in committed orders for its Digit 5 humanoid robot, with deliveries expected to begin in 2027. Other publicly traded robotics companies struggled on the same day, with competitors in surgical robotics, warehouse automation, and delivery robots all experiencing declines.
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Agility is the first pure humanoid robot company on the stock market. Are you buying?
Agility arrives on the Nasdaq today as the first publicly-traded pure-play humanoid robotics company.
Also reported by Ars Technica
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