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Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq
Twenty One Capital, Inc. (“Twenty One”) led by CEO Jack Mallers and Cantor Equity Partners, Inc. (“CEP”) announced on the 3rd of December that their shareholders approved the combination of the two businesses, meaning that Twenty One is set to go public very soon.
The vote is expected to have received a lot of attention from retail shareholders, as the Mallers announced it on their podcast to more than 43 thousand subscribers and their X with half a million followers. The vote took place at the Extraordinary General Meeting of CEP’s shareholders, who approved the previously announced proposed business combination between the parties as well as all other proposals related to the Business Combination.
“The final voting results for the Meeting will be included in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission by CEP,” according to a press release published by the company.
Subject to the satisfaction of other closing conditions described in the CEP’s definitive proxy statement and Twenty One’s final prospectus, the consummation of the related transactions should take place in the coming days, leading to Twenty One Capital, Inc. and its Class A common stock to start trading on the NYSE with the symbol “XXI” on December 9th, 2025.
The company is expected to exit its “quiet period” after this point and make a series of announcements about the future of the business. XXI announced earlier this year that it had received investment from Tether and Softbank, leading to the purchase of 42,000 bitcoins, which will position it as one of the largest public owners of the asset and is expected to unlock new financial service offers for Strike customers, Jack’s growing Bitcoin financial services app, and Cash App competitor.
You can read the full press release on the vote here for full disclaimers and details.
This post Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq first appeared on Bitcoin Magazine and is written by Juan Galt.
