Acquiring Company
Armada Acquisition Corp. II
Acquired Company
Evernode
Philadelphia
North BrabantSoftwareArtificial IntelligenceFinancial ServicesBlockchainCryptocurrencyDescription
Evernode will merge with Armada Acquisition Corp. II to enter the U.S. stock market. The business combination has been approved and is set to close on Oct. 7, providing Evernode with $300 million in cash. The merged entity will retain the Evernode name and trade under ticker XRPN starting Oct. 8.
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Frequently asked
Who acquired Evernode?
Evernode was acquired by Armada Acquisition Corp. II, based in Philadelphia. The deal was reported on October 1, 2026. Armada Acquisition Corp. II is a special purpose acquisition company formed to effect mergers and business combinations. The company aims to provide a platform for investors and businesses looking to collaborate. Armada Acquisition Corp. II is publicly traded (XRPN) and operates in Software.
When did Armada Acquisition Corp. II acquire Evernode?
Armada Acquisition Corp. II's acquisition of Evernode was reported on October 1, 2026. Evernode will merge with Armada Acquisition Corp. II to enter the U.S. stock market. The business combination has been approved and is set to close on Oct. 7, providing Evernode with $300 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Evernode do?
Evernode is a digital-asset treasury company that specializes in XRP-based assets. The company enables exposure to XRP and aims to enhance participation in the blockchain economy. It plans to be the largest holder of XRP among publicly listed companies. It is privately held, operating in Financial Services, and is based in North Brabant.
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