Armada Shareholders Approve Evernorth Merger for Nasdaq Listing

Key Facts

1Armada Acquisition Corp. II shareholders approved the proposed business combination with Evernorth Holdings at an extraordinary general meeting.

2The approval clears the path for Evernorth to become a publicly traded, XRP-focused treasury company listed on Nasdaq.

Armada Acquisition Corp. II shareholders approved the proposed business combination with Evernorth Holdings at an extraordinary general meeting. PR Newswire reported that the approval clears the path for Evernorth to become a publicly traded company on the Nasdaq, operating as an XRP-focused treasury entity.

XRPN closed at $39.42 on October 2, 2026, after reaching a day high of $53 and a low of $27. Meanwhile, NDAQ closed at $90.33 on October 2, 2026, with the stock trading between a session low of $89.67 and a high of $92.27.