According to a filing with the U.S. Securities and Exchange Commission (SEC) on October 23, Evernorth Holdings (XRPN), the XRP treasury company, has entered into an equity financing agreement with CF Principal Investments, a subsidiary of Cantor Fitzgerald, to issue up to approximately 5.22 million Class A common shares in phases. Based on the closing price on October 22, this is expected to raise up to approximately $80.7 million, which will be used to purchase XRP, support the XRP ecosystem, and for general business operations. As of October 22, Evernorth had approximately 26.09 million Class A common shares outstanding, and this potential issuance represents approximately 20% of its existing share capital. The company has not yet confirmed the actual size of the offering or the amount raised. [https://www.(wublock123.com)/news/evernorth-cantor-equity-financing-xrp-treasury-raises-80-7m-70709]