Evernorth: XRP Stock Financing Plan Raises $18M Less Due to Share Price Decline. CryptoSlate reports that XRP treasury firm Evernorth previously secured the effectiveness of a registration facility to sell up to 5,218,935 shares of newly issued stock to Cantor Fitzgerald affiliate CF Principal Investments. Based on the October 22 reference price of $15.46, the full allotment was originally valued at approximately $80.7 million; based on the November 3 closing price of $11.98, it is valued at roughly $62.5 million. Due to the drop in share price, the potential fundraising size was reduced by about $18 million (or 22.5%). The calculation is based on the original fixed share allotment and excludes fees and discounts.