Armada Acquisition CORP Ii
Market Movers (8-K)
NASDAQ
Armada Acquisition Corp. II has entered into an unsecured promissory note with its sponsor, Arrington XRP Capital Fund, LP, to secure working capital.
Capital raise
NASDAQ
Evernorth Holdings Inc. confidentially submitted a draft Form S-4 registration statement for its proposed business combination with Armada Acquisition Corp. II, aiming to create the largest public XRP treasury company.
Capital raise
NASDAQ
Evernorth Holdings Inc. has acquired an additional 84.37 million XRP tokens, bringing its total committed XRP to over 473 million, as its business combination with Armada Acquisition Corp. II advances.
Capital raise
Worse than expected
NASDAQ
Armada Acquisition Corp. II announces a ticker symbol change to XRPN, aligning with its new strategy to become a leading institutional XRP digital asset treasury company with over $1 billion in capital.
Capital raise
NASDAQ
Evernorth Holdings Inc. is set to become a publicly traded institutional XRP treasury company through a business combination with Armada Acquisition Corp II, raising over $1.1 billion in gross proceeds.
Capital raise
NASDAQ
Armada Acquisition Corp. II completed a sponsor change, with Arrington XRP Capital Fund, LP acquiring all equity interests from the original sponsor for $6.6 million.
Quarterly Earnings (10-Q)
NASDAQ
Armada Acquisition Corp. II reports Q1 2025 results, detailing progress on its business combination with Evernorth Holdings Inc. and Pathfinder Digital Assets LLC, including significant PIPE financing involving XRP tokens.
Capital raise
NASDAQ
Armada Acquisition Corp. II reported net income for the quarter ended June 30, 2025, as it continues its search for a business combination target in FinTech, SaaS, or AI.
Capital raise
Annual Reports (10-K)
NASDAQ
Armada Acquisition Corp. II, a SPAC, has entered into a definitive business combination agreement with Pathfinder Digital Assets LLC and Ripple Labs Inc., aiming to become a publicly traded company focused on FinTech, SaaS, and AI.
Capital raise
Insider Trading (Form 4)
NASDAQ
Evernorth Holdings Inc. confidentially submitted a draft Form S-4 registration statement with the SEC, marking a key step towards its business combination with Armada Acquisition Corp. II to create a $1 billion XRP treasury company.
Capital raise
NASDAQ
Evernorth Holdings Inc. announced the purchase of an additional 84.37 million XRP tokens, bringing its total acquired and committed XRP to over 473 million, as part of its business combination with Armada Acquisition Corp. II.
Capital raise
NASDAQ
Armada Acquisition Corp. II announced a ticker symbol change to XRPN, XRPNU, and XRPNW, signaling a focus on XRP as it moves forward with a proposed business combination.
Capital raise
NASDAQ
Armada Acquisition Corp. II announces a ticker symbol change to XRPN, aligning with its strategic transformation into an institutional XRP digital asset treasury company following a $1 billion capital raise.
Capital raise
NASDAQ
Armada Acquisition Corp. II announces a definitive agreement for a business combination with Evernorth Holdings Inc. and Pathfinder Digital Assets LLC, aiming to create an institutional XRP treasury.
Capital raise
NASDAQ
Evernorth Holdings Inc., an institutional pure-play XRP platform, announced its public launch through a business combination with Armada Acquisition Corp II, aiming to create the largest public XRP treasury company.
Capital raise
New Public Companies (S-1)
NASDAQ
Armada Acquisition Corp. II has filed an Amendment No. 2 to its S-1 Registration Statement, detailing its structure as a Special Purpose Acquisition Company (SPAC) for an initial public offering of units, each comprising Class A ordinary shares and redeemable warrants.
Capital raise
NASDAQ
Armada Acquisition Corp. II, a newly organized blank check company, has filed an S-1/A for a $200 million initial public offering, intending to pursue business combinations with companies in the FinTech, Software-as-a-Service, and Artificial Intelligence industries.
Capital raise
NASDAQ
Armada Acquisition Corp. II, a newly organized Special Purpose Acquisition Company (SPAC), has filed an S-1 registration statement for a $200 million initial public offering, aiming to acquire businesses in the FinTech, Software-as-a-Service (SaaS), and Artificial Intelligence (AI) industries.
Delay expected
Capital raise
Schedule 13D - Activist Investments
NASDAQ
Arrington XRP Capital Fund, LP has acquired a 26.2% stake in Armada Acquisition Corp. II, becoming the new sponsor and initiating significant management and board changes.
Schedule 13G - Passive Investments
NASDAQ
W. R. Berkley Corporation and its subsidiary, Berkley Insurance Company, have reported a 5.2% beneficial ownership stake in Armada Acquisition Corp. II.
NASDAQ
Meteora Capital, LLC, along with its managing member Vik Mittal, has reported beneficial ownership of 9.62% of Armada Acquisition Corp. II's Class A Common Stock as of March 31, 2026.
NASDAQ
Harraden Circle and its affiliates have filed an amended Schedule 13G, indicating they no longer beneficially own more than 5% of Armada Acquisition Corp. II's Class A Common Stock.
NASDAQ
Meteora Capital, LLC and its managing member Vik Mittal reported a beneficial ownership of 12.5463% in Armada Acquisition Corp. II's Class A common stock.
NASDAQ
AQR Capital Management, LLC and its affiliates have reduced their beneficial ownership in Armada Acquisition Corp. II to 4.67% of Class A ordinary shares.
Worse than expected
NASDAQ
Harraden Circle Investments and affiliated entities have reported a 5.09% beneficial ownership stake in Armada Acquisition Corp. II's Class A Common Stock.