It appears there might be a misunderstanding regarding a merger involving Cantor Equity Partners, Inc. (CEP) and Capital One. Based on recent SEC filings, Cantor Equity Partners (CEP) is a Special Purpose Acquisition Company (SPAC) that is currently involved in a business combination, but not with Capital One.1
Here's a clarification of the situation:
- Cantor Equity Partners (CEP) and Twenty One Capital, Inc.: Cantor Equity Partners, Inc. (Nasdaq: CEP) has entered into a definitive agreement for a business combination with a newly formed entity called Twenty One Capital, Inc..1 Twenty One Capital is described as a Bitcoin-native company backed by Tether and SoftBank Group.1
- Upcoming Ticker "XXI": Upon the closing of this business combination, Twenty One Capital, Inc. is expected to trade under the ticker symbol "XXI".1 This transaction was announced on April 23, 2025, and a draft registration statement on Form S-4 was confidentially submitted to the SEC in July 2024.1
- Capital One (COF): Capital One Financial Corporation (NYSE: COF) is a distinct and major financial services company, primarily known for its banking and credit card services.2 There is no public information indicating a merger between Cantor Equity Partners and Capital One.
Therefore, the ticker "XXI" is indeed relevant to Cantor Equity Partners, but it will be the new ticker for the combined entity, Twenty One Capital, Inc., after the completion of its business combination with CEP, not due to a merger with Capital One. You can track the progress of CEP and its filings on Fintel to stay updated on this business combination.
