The SPAC merger was approved by the suggestion.
🚨 BREAKING: SEC filing is OUT $XRPN shareholders APPROVE TO the Evernorth merger!
✅ 20.51M For vs 1.36M Against
✅ 94% of votes cast in likePrimary big people XRP treasury is one stage closer 👀 https://t.co/2JHHQ1sos9 pic.twitter.com/f6Ywx0qB5h
— Xaif Crypto (@Xaif_Crypto) October 1, 2026
Another action in the Domestication Recommendation passed as well, bringing it closer towards completion.
Evernorth has overcome a large obstacle in its proposed merger together with Armada Acquisition Corp. In addition, all 7,880,000 votes cast on that recommendation were in like.
Furthermore, a pair of informative proposals for the Declare of Delaware and organizational documents were furthermore approved on a non-binding foundation.
What Are The Coming Steps For XRPN Listing On Nasdaq?
A shareholder vote eliminates an essential approval declare but the combination of this and the remaining closing conditions must still be met. The finding moves the present of Evernorth’s XRP treasury forward to be a repository for practically 473 million XRP once it’s completed.
XRP Treasury Evernorth’s Merger Recommendation Passes Including 94% Votes In Support
A entire of 21,877,045 shares, representing roughly 69% of the shares that can vote, casted their rights at the meeting, according to the October 1 SEC filing. II using the approval of the merger at its extraordinary typical meeting on September 30. Meanwhile, the newest October 1 filing moreover provides details of the approval and September 30 vote of the Firm Combination, Merger and Domestication Proposals.
The vote now brings the XRP treasury swap to its final stages, and investors are waiting to see it overall and trading on XRPN begins.
The quantify would transfer Armada’s corporate domicile from the Cayman Islands to Delaware. That’s around 94% of voters who voted in like of the Evernorth address.
The Merger Strategy was furthermore approved by the shareholders alongside a vote for 20,514,597, a vote against 1,362,089 and a abstention of 359 votes. For the Evernorth Firm Combination Suggestion at Armada, a majority of 19,331,337 did vote in promote.
Nevertheless, 1,362,081 did vote against, and 930 did not vote at all. The obtain will create a united organization that will publish under XRPN following closing and that is in compliance alongside the Nasdaq requirements as required upon closing, (as to which, the Firm intends to comply at or shortly following the conclude of the operation).
Earlier, the SEC declared the registration declaration for Evernorth powerful August 27. If the requirements are met, Evernorth and Armada would be able to advance forward alongside closing and transition to the people trade.
Armada this day has its securities listed on Nasdaq under the ticker symbols Class A usual shares (XRPN) and warrants (XRPNW). There were no votes cast against or abstained from the outline.
Source: Breaking: Evernorth Bags 94% Votes In Favor For 473M XRP Treasury Merger Deal
