Evernorth Submits Draft Registration Statement to SEC, Marking Milestone Toward Proposed Business Combination with Armada Acquisition Corp. II.

Evernorth Holdings, a Nevada corporation, has submitted a draft registration statement on Form S-4 to the SEC, marking a milestone in its proposed business combination with Armada Acquisition Corp. II. The resulting company will be a publicly traded digital asset treasury providing exposure to XRP through a regulated, liquid, and transparent structure. Evernorth plans to actively grow its XRP per share through institutional and DeFi yield strategies, ecosystem participation, and capital markets activities. The completion of the proposed business combination is expected to close in Q1 2026, subject to customary closing conditions and shareholder approval.