Cantor Equity Partners Inc. has announced an update regarding its business combination agreement with Twenty One Capital, Inc. and other involved entities. As part of the agreement, Pubco and Cantor Equity Partners entered into subscription agreements with certain investors to acquire $385 million in convertible notes, with an option exercised to purchase an additional $100 million in notes. Tether Investments has committed to purchasing Bitcoin worth $99.5 million within ten business days following the option period's end, to be placed in a digital wallet. Cantor Equity Partners stated it will provide further details about this Bitcoin purchase in a future SEC filing.
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