Business Article
Ripple-Backed Evernorth Completes SPAC Merger, Bringing 473M XRP to Nasdaq
On October 10, 2026 by voice

Evernorth has completed its merger with Armada Acquisition Corp. II, preparing to enter Nasdaq with 473 million $XRP and $300 million in gross cash proceeds. Through this transaction, the company aims to expand institutional services and infrastructure across the $XRP ecosystem.
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