Current outcome
Armada Acquisition Corp. II shareholders approved the merger with Evernorth; the deal is expected to close on Oct. 7, 2026, with the combined company set to begin trading on Nasdaq under ticker XRPN the following day, subject to remaining closing conditions.
Progress timeline
2 material updates- #01
Evernorth shareholders approve $1 billion XRP treasury deal, clearing path to Nasdaq debut
Armada Acquisition Corp. II shareholders approved the merger with Evernorth, paving the way for the XRP treasury company holding roughly 473 million XRP to debut on Nasdaq.
Source evidence: The Block
- #02
Evernorth clears shareholder vote ahead of Nasdaq debut with 473M XRP treasury
Evernorth expects the merger to close on Oct. 7, with shares set to begin trading on Nasdaq under ticker XRPN the following day, and the transaction expected to raise about $300 million in gross cash proceeds.
State after update: Armada Acquisition Corp. II shareholders approved the merger with Evernorth; the deal is expected to close on Oct. 7, 2026, with the combined company set to begin trading on Nasdaq under ticker XRPN the following day, subject to remaining closing conditions.
Source evidence: Cointelegraph