Armada Acquisition Corp. II shareholders have approved the merger with Evernorth Holdings, paving the way for Evernorth shares to be listed on Nasdaq under the ticker symbol XRPN on October 8. The company will become the first publicly traded company to directly hold hundreds of millions of XRP, with 473 million XRP and $300 million in cash on its balance sheet. Institutions such as Ripple, Pantera Capital, Kraken, SBI Group, and GSR are investors in Evernorth. According to Armada's Form 8-K filing with the SEC, the warrant exercise price is set at $11.50 per share.