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Nasdaq trading for Evernorth is now expected Oct. 12 after an administrative delay, with about 473M XRP in its treasury at closing (Image: Shutterstock)

Evernorth Nasdaq Listing Hits Administrative Delay, XRPN Now Expected Oct. 12

Evernorth Holdings has pushed its expected Nasdaq debut back four days to Oct. 12, citing an administrative delay, as it prepares to list with about 473 million XRP (XRP). Key Points: Evernorth now expects its merger with Armada Acquisition Corp. II to close on or about Oct. 9, with XRPN trading on

Nasdaq trading for Evernorth is expected a day after its Oct. 7 merger closing, with about 473M XRP in its public treasury (Image: Shutterstock)

Evernorth Readies 473M XRP For Nasdaq, Will Stock Buyers Back The Treasury Bet?

Evernorth expects to close its merger Oct. 7 and start Nasdaq trading a day later as the largest public XRP (XRP) treasury company, holding about 473 million tokens. Key Points: Evernorth plans to close its merger with Armada Acquisition Corp. II on Oct. 7, with shares trading as XRPN on Oct. 8. The

A shareholder vote puts Evernorth’s 473 million XRP treasury closer to a Nasdaq listing (Image: Shutterstock)

XRP Faces Sept. 30 Vote That Could Clear Evernorth’s Nasdaq Path

XRP (XRP) faces a key corporate milestone on Sept. 30, when Armada Acquisition Corp. II shareholders vote on the proposed combination with Evernorth. Key Points: Armada shareholders are scheduled to vote Sept. 30 on a transaction that could move Evernorth closer to public trading under the XRPN tick

Permissioned AMM trading of tokenized stocks gains an SEC path, putting XRP Ledger liquidity pools in focus (Image: Shutterstock)

Evernorth Nears Nasdaq Listing After SEC Milestone For $1B XRP Strategy

Evernorth moved closer to a Nasdaq debut after the SEC made its registration statement effective, with a Sept. 30 shareholder vote now the next hurdle for its XRP (XRP) treasury plan. Key Points: The SEC declared Evernorth's registration statement effective, clearing a major procedural step in its p

Permissioned AMM trading of tokenized stocks gains an SEC path, putting XRP Ledger liquidity pools in focus (Image: Shutterstock)

XRP Treasury Firm Evernorth Advances Nasdaq Plan With SEC Amendment No. 7

Ripple-backed Evernorth moved closer to a planned Nasdaq listing after filing Amendment No. 7 to its S-4 registration statement, keeping its XRP (XRP) treasury deal moving. Key Points: Evernorth filed Amendment No. 7 with the SEC on Aug. 25 to correct a missing Ripple signature block. The company sa

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