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Evernorth announced that it had completed the business combination with Armada Acquisition Corp. II and plans to begin trading on October 12 using XRPN on Nasdaq. After completion of the transaction, the company held approximately 473000000 units of XRP and obtained approximately 300000000 USD in aggregate cash proceeds.
PANews, citing The Block, reports that Ripple-backed Evernorth has completed a merger with Armada Acquisition Corp. II SPAC and plans to trade on Nasdaq next week under XRPN.
First Digital and CSLM Digital Asset Acquisition Corp III signed a definitive business combination agreement, with a pre-transaction equity valuation of 250000000 USD. The combined company is expected to list on Nasdaq in the first half of 2027.
Evernorth and Armada Acquisition Corp. II business combination approved by shareholders, with the transaction expected to October 7 be completed, and the post-merger company plans to October 8 with XRPN trade on Nasdaq.