Evernorth completes merger with Armada Acquisition Corp II, lists on Nasdaq as XRPN

Bitget2026/10/09 20:52

Evernorth completed its business combination with Armada Acquisition Corp. II, taking the XRP-focused treasury company into public markets. Shares are set to begin trading on Nasdaq on Oct. 12, 2026 under the ticker XRPN. At closing, Evernorth held about 473 million XRP. The deal delivered about $300 million in gross cash proceeds before transaction expenses. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Armada Acquisition Corp. II published the original content used to generate this news brief via PR Newswire (Ref. ID: NY68208) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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