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Armada Acquisition Corp. II Announces Ticker Symbol to Change to XRPN on Oct 30, 2025
New ticker aligns with new $1 billion strategy for XRP exposure on NASDAQ MIAMI, Oct. 29, 2025 /PRNewswire/ -- Armada Acquisition Corp. II, a special purpose
About this update from Armada Acquisition Corp. Ii
[{"type":"text","content":"\n New ticker aligns with new $1 billion strategy for XRP exposure on NASDAQ\n \n \n MIAMI, Oct. 29, 2025 /PRNewswire/ -- Armada Acquisition Corp. II, a special purpose acquisition company (\"Armada II\") sponsored by Arrington XRP Capital Fund, today announced that it will change the ticker symbol for its Class A ordinary shares on NASDAQ from \"AACI\" to \"XRPN.\" In addition, the ticker symbol for its units will change from \"AACIU\" to \"XRPNU\" and the ticker symbol for its warrants will change from \"AACIW\" to \"XRPNW.\" The ticker symbol changes will be effective upon the commencement of trading on NASDAQ on October 30, 2025. Representing a key milestone in the company's strategic transformation, this change underscores the company's evolution into the world's leading institutional XRPdigital asset treasury company.\n The ticker symbol changes come on the heels of last week's announcement that Evernorth Holdings, Inc., a newly formed Nevada corporation (\"Evernorth\"), has executed a business combination agreement with Armada II (the \"Business Combination Agreement\") which will result in a new company that has raised over $1 billion in gross proceeds to fund open-market purchases of XRP.\n \"As the SPAC sponsor and longtime XRP fanatics, we at Arrington Capital have high conviction in Evernorth's ability to drive meaningful impact and add shareholder value,\" said Michael Arrington, founder of Arrington Capital & Chairman of the Board at Armada Acquisition Corp. II. \"In recent months, XRP has maintained its prominence in an ecosystem that continues to expand through bold product innovations, a relentless community and a string of notable new contributors - including Hidden Road, GTreasury, Rail and Standard Custody.\"\n For more information on Evernorth, visit www.evernorth.xyz.\n \n About EvernorthAt closing of a newly announced Business Combination Agreement with Armada II, Evernorth will be a publicly traded digital asset treasury that provides investors with exposure to XRP through a regulated, liquid, and transparent structure. Unlike ETFs, Evernorth intends to actively grow its XRP per share through a mix of institutional and DeFi yield strategies, ecosystem participation, and capital markets activities.\n \n About Arrington CapitalArrington Capital is a digital asset management firm primarily focused on blockch...