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Evernode completes SPAC merger with Armada II

PRIVATEOct 10, 2026

Acquiring Company

Evernode

Acquired Company

Armada Acquisition Corp. II

KnoxvillePhiladelphiaFinancial ServicesFinanceCryptocurrencySoftwareArtificial Intelligence

Description

Evernode has completed its merger with Armada Acquisition Corp. II and is set to debut on Nasdaq on Oct. 12. The company focuses on managing XRP and investing in financial infrastructure to enhance XRP holdings. The merger closed on Oct. 9, enabling Evernode to develop its operations as a public company.

Company Information

Company

Evernode

Location

Knoxville, Tennessee, United States

About

Evernode is a digital-asset company that manages and holds XRP. It aims to deploy capital into financial infrastructure and services to grow XRP holdings per share. The company completed its merger with a special purpose acquisition company. Evernode is preparing to enter the US stock market under the ticker XRPN.

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Frequently asked

Who acquired Armada Acquisition Corp. II?

Armada Acquisition Corp. II was acquired by Evernode, based in Knoxville. The deal was reported on October 10, 2026. Evernode is a digital-asset company that manages and holds XRP. It aims to deploy capital into financial infrastructure and services to grow XRP holdings per share. Evernode is privately held and operates in Financial Services.

When did Evernode acquire Armada Acquisition Corp. II?

Evernode's acquisition of Armada Acquisition Corp. II was reported on October 10, 2026. Evernode has completed its merger with Armada Acquisition Corp. II and is set to debut on Nasdaq on Oct. 12. The company focuses on managing XRP and investing in financial infrastructure to enhance XRP holdings. The merger closed on Oct. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.