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.