Evernorth Completes SPAC Merger with Armada II; Shares to Trade on Nasdaq as XRPN on Oct 12
Evernorth Holdings, Inc. (Nasdaq: XRPN) announced completion of its business combination with Armada Acquisition Corp. II, resulting in ~$300M gross cash proceeds and ~473M XRP held. Trading begins on Nasdaq on October 12, 2026.
51CFO view：Post-merger CFO must immediately deliver SEC-compliant pro forma financials, SOX 404(a) readiness assessment, and ASC 805-compliant purchase accounting — including crypto asset valuation, contingent consideration modeling, and public company-level internal controls documentation.
Evernorth Holdings, Inc. (Nasdaq: XRPN) announced completion of its business combination with Armada Acquisition Corp. II, resulting in ~$300M gross cash proceeds and ~473M XRP held. Trading begins on Nasdaq on October 12, 2026.
Source：PR Newswire 金融