Evernorth said the SEC has declared effective its Form S-4 registration statement for the proposed merger with Armada Acquisition Corp. II, with a shareholder vote scheduled for September 30. If approved and completed, the combined company is expected to list on Nasdaq under the ticker XRPNXRPNXRPN as an XRP-focused treasury company. Evernorth previously said it had secured more than $1 billion in gross proceeds and committed capital from investors including Ripple, SBI Group, Pantera Capital and Kraken.