Evernorth Holdings shares are expected to begin trading on Nasdaq on Monday, October 12, under the ticker XRPN. Evernorth completed its merger with Armada Acquisition Corp. Evernorth holds 473 million XRP and reported approximately $300 million in gross cash proceeds before transaction expenses. Investors will own shares in Evernorth rather than XRP directly, and the stock may move differently from the token. The debut itself does not require major new XRP purchases because much of Evernorth's XRP was contributed before trading began.