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An XRP treasury SPAC surges nearly 300% ahead of Evernorth merger

CoinDesk
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An XRP treasury SPAC surges nearly 300% ahead of Evernorth merger

Armada Acquisition Corp. II rose about 270% last week, leaving the thinly traded shell at nearly four times its roughly $10.50 trust value before merging with Evernorth, an XPR treasury company.

Key Takeaways

  1. Armada Acquisition Corp.
  2. II rose about 270% last week, leaving the thinly traded shell at nearly four times its roughly $10.50 trust value before merging with Evernorth, an XPR treasury company.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.