Evernorth Holdings Files S-4 with SEC for Nasdaq Listing via Armada Acquisition Corp. II Merger

Evernorth Holdings, a company building the largest public XRP treasury, has filed an S-4 with the SEC for a Nasdaq listing through an arm merger with Armada Acquisition Corp. II. The filing marks a key step in Evernorth's path to becoming a publicly traded entity, with the company's XRP holdings exceeding 473 million tokens and $1 billion in institutional backing. A successful listing would give institutional investors regulated equity exposure to XRP treasury operations, introducing transparency around its holdings and acquisition strategy.