Evernorth submits S-4 documents and intends to log in to NASDAQ through SPAC

On March 18th, Evernorth, supported by Ripple, submitted Form S-4 to the US Securities and Exchange Commission (SEC), planning to go public through a merger with Armada Acquisition Corp. II (NASDAQ: XRPN), a SPAC company under Arrington Capital, with the goal of becoming a Nasdaq listed XRP treasury company. Evernorth focuses on promoting the institutional scale application of XRP, and this is its first official disclosure of core details such as business plan, strategy, finance, and management team since the secret submission of the S-4 draft in November 2025.