Evernorth to hold Sept. 30 vote on SPAC merger, Nasdaq listing

XRP accumulation company Evernorth Holdings will hold a final shareholder vote on Sept. 30 on its SPAC merger with Armada Acquisition II and a Nasdaq listing under the ticker XRPN. The U.S. SEC approved its Form S-4 registration statement on Aug. 27, completing the regulatory process for the SPAC listing. If the vote passes, Evernorth plans to begin trading on Nasdaq in the fourth quarter of 2026. The company’s strategy is to hold hundreds of millions of XRP at the corporate level and enhance XRP value per share through operations including lending and liquidity provision.