Armada II Shareholders Approve Evernorth Merger for Nasdaq Debut

Key Facts

1Shareholders of Armada Acquisition Corp. II approved the merger with Evernorth on September 30.

2Evernorth is set to debut on the Nasdaq exchange following the completion of the deal.

Shareholders of Armada Acquisition Corp. II approved the merger with Evernorth on September 30, according to reports from Cryptopolitan. Evernorth is set to debut on the Nasdaq exchange following the completion of the deal, positioning itself as an actively managed XRP treasury with the transparency required by public markets.

XRPN closed at $23.43 on October 1, 2026, after reaching a session high of $23.99 and a low of $15.5. Meanwhile, NDAQ closed at $91.67 on the same date, as the companies finalized regulatory steps for the business combination which includes backing from investors such as Ripple and Arrington Capital.