--- title: "Wolverine Asset Management LLC Acquires New Position in Armada Acquisition Corp. II $XRPN" type: "News" locale: "en" url: "https://longbridge.com/en/news/285380116.md" description: "Wolverine Asset Management LLC has acquired a new stake in Armada Acquisition Corp. II (NASDAQ:XRPN), purchasing 103,287 shares valued at approximately $1,058,000. This acquisition represents about 0.33% of the company. As of the latest SEC filing, Armada's stock is trading at $10.38, with a 1-year low of $10.00 and a high of $10.91. Analysts have rated the stock as a 'Sell', with Weiss Ratings initiating coverage recently." datetime: "2026-05-06T12:41:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285380116.md) - [en](https://longbridge.com/en/news/285380116.md) - [zh-HK](https://longbridge.com/zh-HK/news/285380116.md) generator: "portal-rs" --- # Wolverine Asset Management LLC Acquires New Position in Armada Acquisition Corp. II $XRPN Wolverine Asset Management LLC acquired a new stake in shares of Armada Acquisition Corp. II (NASDAQ:XRPN - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 103,287 shares of the company's stock, valued at approximately $1,058,000. Wolverine Asset Management LLC owned about 0.33% of Armada Acquisition Corp. II as of its most recent SEC filing. ## Armada Acquisition Corp. II Stock Up 0.2% NASDAQ:XRPN opened at $10.38 on Wednesday. Armada Acquisition Corp. II has a 1 year low of $10.00 and a 1 year high of $10.91. The stock has a fifty day simple moving average of $10.32. ## Analysts Set New Price Targets Separately, Weiss Ratings assumed coverage on shares of Armada Acquisition Corp. II in a research report on Monday, January 26th. They set a "sell (e+)" rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of "Sell". **Get Our Latest Report on XRPN** ## About Armada Acquisition Corp. II (Free Report) Armada Acquisition Corp. II NASDAQ: XRPN is a special purpose acquisition company (SPAC), commonly known as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting a business combination. As a SPAC, the company does not operate an active commercial business; instead, its primary activity is identifying, negotiating and completing a merger, share exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more target companies. Following its public listing, Armada Acquisition Corp. ## See Also - Five stocks we like better than Armada Acquisition Corp. II **Want to see what other hedge funds are holding XRPN?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Armada Acquisition Corp. II (NASDAQ:XRPN - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Armada Acquisition Corp. II Right Now? Before you consider Armada Acquisition Corp. II, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Armada Acquisition Corp. II wasn't on the list. While Armada Acquisition Corp. II currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [XRPN.US](https://longbridge.com/en/quote/XRPN.US.md) ## Related News & Research - [Armada Acquisition II FY26 Q3 net income rises to $1.63 million; interest income climbs to $2.13 million](https://longbridge.com/en/news/295778878.md) - [Bleichroeder Acquisition Corp. II calls shareholder meeting on Pasqal deal](https://longbridge.com/en/news/296488466.md) - [Breeze Acquisition Corp. II Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Reports on Form 10-Q | BREZ Stock News](https://longbridge.com/en/news/296649525.md) - [Viking Acquisition Corp II signs $514,080 working capital note with sponsor Viking Acquisition Sponsor II](https://longbridge.com/en/news/296396299.md) - ['Crazy overvalued': Scott Galloway says SpaceX is a '$10 to $30 stock'](https://longbridge.com/en/news/296229565.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**