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Ripple-Backed Evernorth Files S-4 Publicly with SEC
Deep Tide TechFlow News, March 19 — Ripple-supported crypto startup Evernorth announced that it has publicly filed Form S-4 registration statement with the U.S. SEC regarding its merger with SPAC company Armada Acquisition Corp. II sponsored by Arrington Capital and related transaction arrangements, aiming to create a Nasdaq-listed XRP treasury company. Previously, in October 2025, Evernorth disclosed that the transaction was expected to raise over $1 billion to establish an XRP treasury strategy.