Evernorth Merger Reportedly Receives Shareholder Approval

Shareholders of Armada Acquisition Corp. II have reportedly approved the merger with Evernorth, a move that brings the XRP treasury company closer to a potential Nasdaq listing under the ticker XRPN. While an XRP Ledger community member reported the vote passed, the result has not been officially confirmed by the companies or through regulatory filings. If finalized, Evernorth intends to operate as a publicly traded firm managing over 473.27 million XRP, focusing on infrastructure investments and strategies to increase the value of its holdings per share.