Mergers & AcquisitionsMediumUpdated•Originally published 1 October 2026•Updated 1 October 2026•
1 min read
Evernorth and Armada II Secure Full Merger Approval; Trading to Begin October 8
Key Facts
1Evernorth shareholders voted 94% in favor of the merger with Armada Acquisition Corp. II during an extraordinary general meeting.
2The deal involves moving a treasury of approximately 473 million XRP tokens to the merged entity.
Armada Acquisition Corp. II shareholders have approved the merger with Evernorth, with trading for the combined entity scheduled to commence on October 8, 2026. This follows a 94% approval vote from Evernorth shareholders during an extraordinary general meeting, as reported by CoinGape.
The transaction terms include the transfer of a strategic treasury containing approximately 473 million XRP tokens to the merged company. In market performance, XRPN closed at $16.4 on September 30, 2026, having traded between a low of $13.75 and a high of $16.99 during that session.