Armada II shareholders approved merger with Evernorth on September 30: closing expected on October 7, XRPN trading on Nasdaq from October 8

Armada II shareholders approved merger with Evernorth on September 30: closing expected on October 7, XRPN trading on Nasdaq from October 8

everNorth (@evernorthxrp) • Evernorth (@evernorthxrp)

Evernorth is a treasury company holding XRP on its balance sheet, and after listing it can be accessed through a regular brokerage account. But XRPN stock is not the same as XRP itself: stocks can trade at a premium or discount to the value of the coins, and closing and listing still depend on deal conditions and Nasdaq approval. You need to do nothing now.

Facts

• BSCN was first to report the result: the voting inspector at the meeting said all merger proposals were approved. That was about 14 hours before Evernorth own post. [@BSCNews, September 30, 2026]

• According to the press release, the deal and private placements raised over $1 billion, of which about $300 million in cash, the rest contributed in XRP. [prnewswire.com, October 1, 2026]

• Evernorth said Armada II shareholders approved the deal; closing is expected on October 7, XRPN trading on October 8, the company is expected to hold about 473 million XRP.

• Evernorth and Armada note that completion depends on customary closing conditions, and trading depends on Nasdaq listing approval. [@evernorthxrp, October 1, 2026]

• Analyst zhuanbidao notes this is an exit via SPAC, not a spot XRP ETF, and the share price includes a market premium, so it does not have to track the XRP price. [@zhuanbidao, October 1, 2026]

Waiting

• Whether closing happens on October 7 and whether Nasdaq approves XRPN listing for October 8.

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