Twenty One Capital terminates SoftBank governance pact, amends charter to remove references

Filed May 21, 2026 · Period ending May 19, 2026 · ~1 min read

Key Changes

• high

  Company terminated governance agreement with Tether Investments, SoftBank (Stellar Beacon), and Bitfinex on May 19, 2026, unwinding a December 2025 arrangement among major stakeholders.

  Item 5.03 verify on EDGAR →
• high

  Board and Class B shareholders (holding all voting shares) approved amended charter and bylaws removing all references to SoftBank and the terminated governance agreement, effective May 20, 2026.

  Item 5.03 verify on EDGAR →
• medium

  Amended bylaws add election to be governed by Texas Business Organizations Code Section 21.419, which provides additional limitations on director liability under Texas law.

  Item 5.03 verify on EDGAR →