Evernorth Clears Shareholder Vote Ahead of Nasdaq Debut

Evernorth has cleared its shareholder vote in favor of its proposed business combination with Armada Acquisition Corp. II, paving the way for a listing on the Nasdaq under the ticker XRPN.

The deal is expected to close on October 7, with shares trading on Nasdaq the following day, subject to remaining closing conditions.

Evernorth will begin its life as a publicly traded XRP treasury company, holding an XRP treasury worth approximately $710 million at current prices, based on its 473M XRP holdings.