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Evernorth supported by Ripple submits S-4 filing to the U.S. SEC, advancing SPAC merger listing

2026-03-19 01:46:49

XRP-0.17%

Gate News reports that on March 19, Ripple-supported crypto company Evernorth announced that it has publicly filed an S-4 registration statement with the U.S. Securities and Exchange Commission (SEC) regarding its previously announced business merger with Armada Acquisition Corp. II, a SPAC company sponsored by Arrington Capital. After the merger is completed, Evernorth aims to become a Nasdaq-listed XRP treasury company. Last October, Evernorth also announced plans to go public in the U.S. and raise over $1 billion to accumulate XRP tokens.

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