CoinScoopEvernorth Secures Shareholder Approval for Nasdaq Listing with XRP Treasury
Evernorth has received shareholder approval for its merger with Armada Acquisition Corp. II, paving the way for a Nasdaq listing under the ticker XRPN on October 8. The deal, which has raised over $1 billion in total value, includes a treasury of 473 million XRP. The merger is expected to close on October 7. The company's holdings include 84.4 million XRP purchased in late 2025 at an average price of $2.54 per token, alongside significant contributions from RippleWorks and Ripple.
Summaries are written by AI from the original article. Not investment advice.