XRP accumulation firm Evernorth files for Nasdaq SPAC listing

Evernorth Holdings, a company focused on strategic XRP accumulation, said it filed an S-4 registration statement with the U.S. SEC for a merger with special purpose acquisition company Armada Acquisition Corp. II. If the merger is completed, Evernorth is expected to trade on Nasdaq under the ticker XRPN. The company said it has raised more than $1 billion, with investors including Arrington Capital, Ripple, SBI Holdings, Pantera Capital and Kraken. The S-4 still requires SEC approval, and the deal also remains subject to approval from Armada II shareholders and Nasdaq listing approval.