Twenty One Capital, Inc. (XXI) Form 8-K — May 20, 2026
Twenty One Capital (XXI) announced that Tether International has acquired SoftBank Group’s entire stake in the company, consisting of 89,106,748 shares of Class A common stock. In connection with this transaction, SoftBank’s representatives on the board, Jared Roscoe and Vikas J. Parekh, resigned effective immediately, and the previous Governance Agreement involving Tether, Bitfinex, and SoftBank was terminated. The resignations have triggered a compliance issue with the New York Stock Exchange, as the audit committee no longer meets the requirement of having two independent members.
Key figures
- Shares Offered
- 89106748
- Class b shares cancelled
- 89106748
- Shares transferred from softbank
- 89106748
Price after filing
Close on the filing date to close N calendar days later (from $7.79). Historical, not a forecast.
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