{"filings":[{"id":1995443,"accession_number":"0001193125-26-328607","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2026-07-31T20:15:28+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II enters $135K promissory note with sponsor for working capital","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed $135,000 under unsecured promissory note with Arrington XRP Capital Fund, LP on July 31, 2026.","Note bears interest at short-term Applicable Federal Rate; matures upon BCA termination or merger consummation.","Proceeds used for ordinary course administrative expenses of the SPAC.","Note supports SPAC operations pending business combination with Evernorth Holdings, Pathfinder Digital Assets, and Ripple Labs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128836,"accession_number":"0001193125-25-279035","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Evernorth files confidential S-4 for merger with Armada II; $1B raised for XRP treasury","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Evernorth Holdings confidentially submitted draft S-4 to SEC for business combination with Armada II SPAC.","Expected close in Q1 2026, subject to Armada II shareholder approval and customary conditions.","New company raised over $1B in gross proceeds to create largest public XRP treasury company on Nasdaq.","Deal was originally announced on October 20, 2025; S-4 filing marks a key milestone.","Evernorth CEO Asheesh Birla said the submission is a significant step toward public listing for institutional XRP adoption."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128835,"accession_number":"0001193125-25-263628","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Evernorth buys $214M in XRP, total committed over 473M XRP in SPAC deal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchased 84,365,876.3625 XRP at avg $2.53657058 using $214M cash from advanced funding private placement.","Total XRP purchased and committed now over 473,276,430 XRP since business combination announcement.","Signing XRP Price determined at $2.36609 for subscription agreements tied to the deal.","Evernorth aims to build an institutional-grade XRP treasury with compounding yield."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128834,"accession_number":"0001193125-25-255392","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Armada Acquisition II changes ticker to XRPN, unveils $1B XRP treasury plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ticker changes from AACI/XRPN effective Oct 30, 2025; units and warrants also change.","Business combination with Evernorth Holdings (Pathfinder Digital Assets) targets close in Q1 2026.","Over $1 billion in gross proceeds raised to fund open-market purchases of XRP.","SPAC sponsored by Arrington XRP Capital Fund; Michael Arrington cites conviction in Evernorth strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128833,"accession_number":"0001193125-25-243103","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-10-20T23:59:59+00:00","items":["1.01","2.02","3.02","7.01","8.01","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II signs definitive merger with Pathfinder Digital Assets; $214M PIPE","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["SPAC to acquire Pathfinder Digital Assets; Ripple Labs Inc. involved; shareholders receive Pubco Class A shares.","PIPE of $214.05 million cash plus 600,000 XRP tokens at $10/share; Adjustment Shares tied to XRP VWAP.","Sponsor forfeits 120,000 Class A shares, 2,364,000 Class B shares, and 60,000 private placement warrants.","Six-month lock-up for Sponsor, Ripple, and certain affiliates post-closing.","Closing conditions include SPAC shareholder approval, HSR expiration, and minimum $5M net tangible assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145577,"accession_number":"0001193125-25-191346","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-08-28T23:59:59+00:00","items":["1.01","5.01","5.02","7.01","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II completes sponsor change; Arrington XRP Capital acquires sponsor securities for $6.6M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Arrington XRP Capital Fund purchased 7.88M Class B shares, 400K Class A shares, and 200K private placement warrants for $6.6M.","All prior directors and officers resigned; new board appointed with J. Michael Arrington as Chairman and Taryn Naidu as CEO.","Kyle Horton appointed CFO; former CEO Herbert and former President Lurio to serve as strategic advisors.","Change of control: Arrington now owns 100% of Class B shares and controls the Board; Company remains a shell.","Press release notes transaction positions Armada for next phase; Cohen & Company Capital Markets advised."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145576,"accession_number":"0001193125-25-179096","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II sponsor sells securities to Arrington XRP Capital for $6.6M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sponsor Armada Sponsor II LLC sells 7.88M Class B shares, 400K Class A shares, and 200K private warrants to Arrington XRP Capital Fund, LP for $6.6M.","Closing expected by September 15, 2025; Arrington XRP Capital will become the new sponsor of the SPAC.","Existing directors and officers resign; new directors and officers appointed by the acquiror at closing.","Post-closing, Stephen P. Herbert and Douglas M. Lurio to serve as advisors to the new CEO.","SPAC must complete a business combination by November 22, 2026, subject to extension provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163949,"accession_number":"0001193125-25-141763","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II announces separate trading of AACI shares and AACIW warrants starting June 24, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Holders of 23M units from May 2025 IPO at $10.00/unit ($230M gross proceeds) may elect separate trading from June 24.","Separated Class A ordinary shares trade under AACI; warrants under AACIW; no fractional warrants issued.","Units not separated continue trading under AACIU on Nasdaq.","Broker instruction needed to separate units via Continental Stock Transfer & Trust."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163948,"accession_number":"0001193125-25-133384","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II closes $230M IPO and $7.1M private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["IPO of 23M units at $10.00/unit raised $230M; each unit has one share and half a warrant.","Private placement of 710,000 units to sponsor, CCM, and Northland raised $7.1M.","$231.15M placed in trust account ($10.05 per public share).","Company has 18 months from May 22, 2025 to complete an initial business combination.","Transaction costs totaled $14.4M, including $9.2M deferred underwriting fee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163947,"accession_number":"0001193125-25-127983","cik":2044009,"company_name":"Armada Acquisition Corp. II","ticker":"XRPN","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["1.01","3.02","5.02","5.03","8.01","9.01"],"status":"ready","headline":"Armada Acquisition Corp. II closes $230M IPO; trust funded with $231.15M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed IPO of 23M units at $10.00/unit, including full exercise of over-allotment; gross proceeds $230M.","Net proceeds of $231.15M placed in trust account; funds to be released only upon business combination or liquidation.","Private placement of 710,000 private placement units generated additional $7.1M from sponsor and underwriters.","Target industries: FinTech, SaaS, or generative AI; management team previously completed Armada I business combination with Rezolve AI.","New independent directors appointed: Mohammad A. Kahn, Thomas A. Decker, Celso L. White."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":328850000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}