📉 “Debut failed”: shares of Twenty One Capital fell by 20%

• During the debut trading on the NYSE on December 9, shares of Twenty One Capital started at $10.74 — significantly lower than the closing of the SPAC company Cantor Equity Partners ($14.27), with which the merger took place.

• By the end of the session, the price dropped to $11.42, which is nearly 20% lower than the initial level.

• The company is valued at approximately $4 billion.

The result — a sharp decline upon entering the stock market, which may reduce investor confidence in the short term.