Acquiring Company
Armada Acquisition Corp. II
Acquired Company
Evernode
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.
Other recent acquisitions in Financial Services and Finance
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- Bitget plans to acquire Thai GMO-Z.com Cryptonomics (October 20, 2026)
Who to call at Armada Acquisition Corp. II, and when
When Armada Acquisition Corp. II changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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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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