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Armada Acquisition Corp. II to merge with Evernode

TAKEN PRIVATEOct 01, 2026

Acquiring Company

Armada Acquisition Corp. II

Acquired Company

Evernode

PhiladelphiaNorth BrabantFinancial ServicesSoftwareArtificial IntelligenceFinanceFinancial ServicesBlockchainCryptocurrency

Description

Evernode will merge with Armada Acquisition Corp. II to enter the U.S. stock market. The business combination has been approved and is set to close on Oct. 7, providing Evernode with $300 million in cash. The merged entity will retain the Evernode name and trade under ticker XRPN starting Oct. 8.

Quick answer

Armada Acquisition Corp. II is acquiring Evernode, announced October 1, 2026. Armada Acquisition Corp. II is based in Philadelphia, Pennsylvania, United States.

How much did Armada Acquisition Corp. II pay for Evernode?
The deal value was not disclosed.
What does Armada Acquisition Corp. II do?
Armada Acquisition Corp. II is a special purpose acquisition company formed to effect mergers and business combinations.
Where are Armada Acquisition Corp. II and Evernode based?
Armada Acquisition Corp. II is based in Philadelphia, Pennsylvania, United States. Evernode is based in North Brabant, Netherlands.

Source: Fundz verified event record.

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Company Information

Company

Armada Acquisition Corp. II

Location

2005 Market St

Philadelphia, Pennsylvania, United States

About

Armada Acquisition Corp. II is a special purpose acquisition company formed to effect mergers and business combinations. The company aims to provide a platform for investors and businesses looking to collaborate. Founded on October 3, 2024, it operates in various sectors through strategic partnerships.

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Frequently asked

Who acquired Evernode?

Evernode was acquired by Armada Acquisition Corp. II, based in Philadelphia. The deal was reported on October 1, 2026. Armada Acquisition Corp. II is a special purpose acquisition company formed to effect mergers and business combinations. The company aims to provide a platform for investors and businesses looking to collaborate. Armada Acquisition Corp. II is privately held and operates in Financial Services.

When did Armada Acquisition Corp. II acquire Evernode?

Armada Acquisition Corp. II's acquisition of Evernode was reported on October 1, 2026. Evernode will merge with Armada Acquisition Corp. II to enter the U.S. stock market. The business combination has been approved and is set to close on Oct. 7, providing Evernode with $300 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evernode do?

Evernode is a digital-asset treasury company that specializes in XRP-based assets. The company enables exposure to XRP and aims to enhance participation in the blockchain economy. It plans to be the largest holder of XRP among publicly listed companies. It is privately held, operating in Financial Services, and is based in North Brabant.

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