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Evernorth completes Armada merger to list XRP treasury on Nasdaq

Evernorth completed its merger with Armada Acquisition Corp. II, taking an XRP treasury company public.

  • Evernorth completed its business combination with Armada Acquisition Corp. II, clearing the way for a Nasdaq listing.
  • The company enters the public markets holding approximately 473 million XRP and approximately $300 million in gross cash proceeds.
  • Evernorth expects its common stock to begin trading on Nasdaq on October 12 under the ticker XRPN.
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