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The Defiant: Evernorth Shares Drop 24% After Filing for Resale of 73.7 Million Shares
According to The Defiant, XRP reserve company Evernord saw its shares drop 24% after filing documents related to 73.7 million shares. The report noted that the prospectus covers potential resales by existing investors and does not lift the six-month lock-up period for major holders; registering shares for resale does not mean they have actually been sold.
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