Armada Acquisition Corp. II Class A XRPN

Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.

Ripple-backed Evernorth Holdings is set to take its XRP (CRYPTO: $XRP) treasury public on Nasdaq next week. <...

Evernorth clears its merger vote and eyes an Oct. 8 Nasdaq debut with 473M XRP worth 37% less than at signing.

Evernorth Holdings, Inc. ("Evernorth") and Armada Acquisition Corp. II (Nasdaq: XRPN) ("Armada II") today announced that Armada II shareholders approved the proposed business combination between the two companies at Armada II's extraordinary general meeting held on September 30, 2026. The business combination is expected to raise approximately $300 million in gross cash proceeds, including $225 million from related private placements, $30 million of incremental convertible note financing, and ap

Armada Acquisition Corp. II shareholders reportedly approved its business combination with Evernorth on Sept. 30, advancing the XRP treasury company toward a Nasdaq listing under ...