CROWDFUNDINSIDER · 2026-10-10 15:27 UTC

Evernorth Pushes Expected XRP Treasury Nasdaq Debut to October 12 Following Administrative Delay

Evernorth announced an administrative delay pushing its merger with Armada Acquisition Corp. II to close on October 9, with Nasdaq trading under ticker XRPN starting October 12, moved from previously expected October 7-8. The combined company is projected to hold approximately 473 million XRP at closing, positioning it as the largest pure-play XRP treasury on a public exchange, with roughly $300 million in gross cash proceeds. Armada II shareholders already voted in favor of the merger on September 30; both closing and trading dates remain subject to customary conditions and Nasdaq listing…

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