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XRP treasury SPAC drops 50% in a day ahead of Evernorth’s Nasdaq debut
By Oluwapelumi Adejumo at 2026-11-07 10:19
Sentiment: Negative
Evernorth delayed its Nasdaq debut after shares of the SPAC taking the XRP treasury company public lost half their value. Armada Acquisition Corp. II, which currently trades under the XRPN ticker, closed Tuesday at $19.20, down 50.3% from $38.65 a day earlier, according to data compiled by StockAnalysis. The shares had traded as high as […] The post XRP treasury SPAC drops 50% in a day ahead of Evernorth’s Nasdaq debut appeared first on CryptoSlate. Continue reading...
Categories: Digital Asset Treasuries
Tags: #Digital Asset Treasuries #Featured #Market
Source CryptoSlate