Evernorth has gained SEC clearance, teeing up a shareholder vote on its Nasdaq listing—while the firm's XRP stash sits well below what it paid for it.

Evernorth has received SEC clearance, paving the way for a shareholder vote regarding its Nasdaq listing. Meanwhile, the company's XRP holdings are currently valued below their purchase price.

XRP Treasury Company Gets One Step Closer to Listing on Nasdaq

The SEC cleared the paperwork for Evernorth's merger with a shell company, setting up a Sept. 30 vote and a listing under the ticker XRPN.

The SEC has approved the paperwork for Evernorth's merger with a shell company, paving the way for a shareholder vote on September 30. If successful, the company will be listed on Nasdaq under the ticker XRPN.

An XRP treasury company backed by Ripple is a shareholder vote away from Nasdaq

The S-4 registration statement is for Evernorth's merger with SPAC firm Armada, through which it seeks a Nasdaq listing.

Evernorth, a treasury firm for XRP, announced that its SEC registration is now effective, facilitating its merger with SPAC firm Armada. This merger aims to secure a listing on Nasdaq.

XRP treasury firm Evernorth says SEC registration now effective, clearing way for Nasdaq listing

حصلت Evernorth على موافقة SEC لاندماجها مع شركة وهمية، مما يمهد الطريق للتصويت من قبل المساهمين في 30 سبتمبر. إذا تمت الموافقة، ستدرج الشركة في ناسداك تحت رمز XRPN. ومع ذلك، فإن حيازاتها من XRP تقدر حاليًا بأقل من سعر شرائها.

Evernorth ha recibido la aprobación de la SEC para su fusión con una empresa de fachada, preparando el terreno para una votación de accionistas el 30 de septiembre. Si se aprueba, la empresa se cotizará en Nasdaq bajo el símbolo XRPN. Sin embargo, sus tenencias de XRP están actualmente valoradas por debajo de su precio de compra.

Evernorth a reçu l'approbation de la SEC pour sa fusion avec une société écran, préparant le terrain pour un vote des actionnaires le 30 septembre. Si approuvé, l'entreprise sera cotée au Nasdaq sous le symbole XRPN. Cependant, ses avoirs en XRP sont actuellement évalués en dessous de leur prix d'achat.