Evernorth buys $214M in XRP, total committed over 473M XRP in SPAC deal

Armada Acquisition Corp. II

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.

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