---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-059270"
form_type: "8-K"
ticker: "XXI"
cik: "0002070457"
company_name: "Twenty One Capital, Inc."
filed_at: "2026-05-20T12:49:08+00:00"
generated_at: "2026-05-20T12:51:18.603688+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Tether International acquires SoftBank's stake in Twenty One Capital; board members resign

## Summary
- Tether International purchased 89,106,748 shares of XXI Class A common stock from SoftBank on May 19, 2026.
- Board members Jared Roscoe and Vikas J. Parekh resigned at SoftBank's request upon closing of the transaction.
- Audit committee fell below NYSE requirement of two independent members after Roscoe's resignation.
- Governance Agreement among Twenty One Capital, Tether Investments, SoftBank, and Bitfinex was terminated.
- Company outlines strategy to combine Bitcoin treasury, financial services, mining, and capital markets.

## SEC filing metadata
- accession: 0001213900-26-059270
- form_type: 8-K
- ticker: XXI
- cik: 0002070457
- company_name: Twenty One Capital, Inc.
- filed_at: 2026-05-20T12:49:08+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.02, 3.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2070457/000121390026059270/0001213900-26-059270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2070457/000121390026059270/ea0291071-8k_twenty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-059270
- JSON: https://secwatch.observer/filing/0001213900-26-059270.json
- Plain text: https://secwatch.observer/filing/0001213900-26-059270.txt

## Key facts
- Listing & Compliance Notices
  Twenty One Capital, Inc. received a nyse noncompliance notice notice regarding audit committee (rules 303A.07(a), 303A.00, 303A.02).
  - Exchange: nyse
  - Notice: noncompliance notice
  - Deficiency: audit committee
  - Rules: 303A.07(a), 303A.00, 303A.02
  source text: o independent directors, the minimum number required during the transition period for compliance with Section 303A.07(a) of the NYSE Listed Company Manual, as provided in Section 303A.00 of the NYSE Listed Company Manual
  evidence_url: https://www.sec.gov/Archives/edgar/data/2070457/000121390026059270/0001213900-26-059270-index.htm
- Executive change
  Jared Roscoe resigned as Director at Twenty One Capital, Inc..
  - Action: resigned
  - Role: Director
  source text: The resignation of Mr. Roscoe and Mr. Parekh and their resignation from the Company’s board of directors and all applicable committees thereof became effective on May 19, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2070457/000121390026059270/0001213900-26-059270-index.htm
- Executive change
  Vikas J. Parekh resigned as Director at Twenty One Capital, Inc..
  - Action: resigned
  - Role: Director
  source text: The resignation of Mr. Roscoe and Mr. Parekh and their resignation from the Company’s board of directors and all applicable committees thereof became effective on May 19, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2070457/000121390026059270/0001213900-26-059270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.