Evernorth Submits Draft Registration Statement to SEC for Armada II Merger

Reuters
2025.11.13 13:03
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Evernorth Holdings Inc. has submitted a draft registration statement to the SEC for its merger with Armada Acquisition Corp. II. The transaction aims to establish the largest public XRP treasury company on Nasdaq, with over $1 billion raised. Expected to close in Q1 2026, it requires shareholder approval and customary conditions.