Highest-materiality recent filing
Evernorth files confidential S-4 for merger with Armada II; $1B raised for XRP treasury
Evernorth Holdings confidentially submitted draft S-4 to SEC for business combination with Armada II SPAC.
Evernorth buys $214M in XRP, total committed over 473M XRP in SPAC deal
Purchased 84,365,876.3625 XRP at avg $2.53657058 using $214M cash from advanced funding private placement.
Armada Acquisition II changes ticker to XRPN, unveils $1B XRP treasury plan
Ticker changes from AACI/XRPN effective Oct 30, 2025; units and warrants also change.
Armada Acquisition Corp. II signs definitive merger with Pathfinder Digital Assets; $214M PIPE
SPAC to acquire Pathfinder Digital Assets; Ripple Labs Inc. involved; shareholders receive Pubco Class A shares.
Arrington XRP Capital Fund purchased 7.88M Class B shares, 400K Class A shares, and 200K private placement warrants for $6.6M.
Armada Acquisition Corp. II sponsor sells securities to Arrington XRP Capital for $6.6M
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.
Holders of 23M units from May 2025 IPO at $10.00/unit ($230M gross proceeds) may elect separate trading from June 24.
Armada Acquisition Corp. II closes $230M IPO and $7.1M private placement
IPO of 23M units at $10.00/unit raised $230M; each unit has one share and half a warrant.
Armada Acquisition Corp. II closes $230M IPO; trust funded with $231.15M
Closed IPO of 23M units at $10.00/unit, including full exercise of over-allotment; gross proceeds $230M.
On May 20, 2025, in connection with the IPO, Mohammad A. Kahn, Thomas A. Decker, and Celso L. White (collectively with Mohammad A. Kahn and Thomas A. Decker, the “ Directors ”) were appointed as independent directors the board of directors of the Company (the “ Board ”).
On May 20, 2025, in connection with the IPO, Mohammad A. Kahn, Thomas A. Decker, and Celso L. White (collectively with Mohammad A. Kahn and Thomas A. Decker, the “ Directors ”) were appointed as independent directors the board of directors of the Company (the “ Board ”).
On May 20, 2025, in connection with the IPO, Mohammad A. Kahn, Thomas A. Decker, and Celso L. White (collectively with Mohammad A. Kahn and Thomas A. Decker, the “ Directors ”) were appointed as independent directors the board of directors of the Company (the “ Board ”).
Max materiality 0.85 · Median 0.75 · Most common event other_material