Evernorth Holdings Completes SPAC Merger, Begins Nasdaq Trading

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-12
Category: business
Source: Wilson Sonsini
Original source

Armada Acquisition Corp. II, a SPAC, has completed its business combination with Evernorth Holdings, a digital asset treasury company. Evernorth's common stock is now expected to trade on the Nasdaq Stock Market under the ticker symbol “XRPN” starting October 12, 2026. This marks Evernorth's public debut, providing new investment opportunities in the digital asset sector and expanding its market presence.

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