The AC of the Armada II shareholders has approved the Evernorth business combination.
- Evernorth's business combination with Armada Acquisition Corp. II has been approved by shareholders, paving the way for its Nasdaq debut under the ticker XRPN.
- The company will hold approximately 473 million XRP, positioning itself as a significant publicly traded XRP treasury.
- The deal, which raised over $1 billion, is expected to close on October 7, with trading commencing on October 8, subject to Nasdaq approval.
Topics: Institutional adoption, Blockchain usage, Asset types, Asset manager initiatives, Ethereum evm l 1 s, Stablecoins digital cash
Tags: #evernorth #xrp #armadaacquisitioncorpii #nasdaq #xrptreasury #businesscombination #publiclytraded #digitalassettreasury #xrpecosystem #stocklisting
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