Armada Acquisition Corp. II shareholders approved its business combination with Evernorth Holdings, Inc. at a September 30, 2026 extraordinary general meeting, correcting earlier reports that referred to the target as Evernode. The transaction is expected to close on October 7, subject to remaining conditions, after which the combined company will operate as Evernorth Holdings, Inc. and its Class A common stock is expected to begin Nasdaq trading under XRPN on October 8. Evernorth expects approximately $300 million in gross cash proceeds before expenses, including $225 million of related private placements, $30 million of incremental convertible-note financing and about $48 million of trust proceeds. Investors also contributed XRP in kind, and Evernorth expects to hold about 473 million XRP at closing.