EconomyEvernorth’s XRP buying power could shrink if SPAC shareholders redeem this week
Shareholders of Armada Acquisition Corp. II, the SPAC pursuing a merger with XRP treasury company Evernorth Holdings, can seek redemptions by 5 p.m. Eastern on Sept. 28, ahead of a Sept. 30 merger vote. More redemptions would leave less cash potentially available for future XRP purchases, although the outcome also depends on closing and management’s use of funds.
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CryptoSlate★★☆☆☆2026-09-28 10:30Original
Evernorth’s XRP buying power could shrink if SPAC shareholders redeem this week
Economy