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Evernorth successfully merges with Armada Acquisition

PRIVATESep 30, 2026

Acquiring Company

Evernorth

Acquired Company

Armada Acquisition Corp. II

PhiladelphiaFinancial ServicesBlockchainCryptocurrencySoftwareArtificial Intelligence

Description

Evernorth has successfully passed the merger vote with Armada Acquisition Corp. II, enabling the company to move forward with its plans for a Nasdaq listing. The combined entity is expected to hold approximately 473.3 million XRP upon completion. This merger allows Evernorth to further integrate into the XRP ecosystem and expand its capital allocation strategies related to XRP.

Company Information

Company

Evernorth

About

Evernorth is a special purpose acquisition company focusing on the digital assets and cryptocurrency market. Its goal is to provide public-market access for cryptocurrency investments. The company aims to participate in the growth of the XRP ecosystem. Evernorth plans to allocate capital toward XRP-based infrastructure.

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Frequently asked

Who acquired Armada Acquisition Corp. II?

Armada Acquisition Corp. II was acquired by Evernorth. The deal was reported on September 30, 2026. Evernorth is a special purpose acquisition company focusing on the digital assets and cryptocurrency market. Its goal is to provide public-market access for cryptocurrency investments. Evernorth is privately held and operates in Financial Services.

When did Evernorth acquire Armada Acquisition Corp. II?

Evernorth's acquisition of Armada Acquisition Corp. II was reported on September 30, 2026. Evernorth has successfully passed the merger vote with Armada Acquisition Corp. II, enabling the company to move forward with its plans for a Nasdaq listing. The combined entity is expected to hold approximately 473.3 million XRP upon completion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Armada Acquisition Corp. II do?

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. It is publicly traded (XRPN), operating in Software, and is based in Philadelphia.

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