By Isaac • October 1, 2026 3:08 pm •
Evernorth has cleared the vote that mattered.
Shareholders of Armada Acquisition Corp. II approved the company’s business combination, putting a planned treasury of roughly 473 million XRP on track for an expected Nasdaq debut under the ticker XRPN.
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The distinction between approval and completion matters. According to Evernorth’s official announcement, the parties expect the transaction to close October 7, subject to the remaining closing conditions.
Trading is expected to begin October 8. The merger has not yet closed, and XRPN is not yet trading.
That timetable now has a formal shareholder mandate behind it. The published vote count showed 20,514,034 votes in favor of the business combination, 1,362,081 against and 930 abstentions.
It was a decisive
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