Armada shareholders approve $1 billion Evernorth XRP treasury merger
CIE News ·
Shareholders of Armada Acquisition Corp. II voted to approve a $1 billion merger with Evernorth, paving the way for a Nasdaq listing with roughly 473 million XRP holdings.
Shareholders of Armada Acquisition Corp. II have approved a $1 billion merger with crypto treasury firm Evernorth, The Block reported. Following the completed transaction, the combined firm expects to control approximately 473 million XRP (XRP). The successful shareholder vote reportedly clears the path for the combined entity to make its debut on the Nasdaq exchange.